09-01-2017

Asia-Europe rate drops 4.5pc to US$1,116/TEU, off 4pc to Med ports

ANE

SPOT rates for shipping containers from Asia to northern Europe dropped 4.5 per cent to US$1,116 per TEU in the week ending Friday, according to the Shanghai Containerised Freight Index (SCFI). 

Asia-Mediterranean trade fell four per cent to US$1,042 per TEU, IHS Media reported.

Source: Schednet 

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