Asia-Europe rate falls 0.5pc to US$815/TEU, off 3.7pc to USWC


SPOT rates for shipping containers from Asia to northern Europe dropped 0.5 per cent to US$815 per TEU in the week ending Friday, according to the Shanghai Containerised Freight Index (SCFI). 

Asia-Mediterranean trade also slipped 0.5 per cent to $798 per TEU, American Shipper reported. 

Asia to the US west coast declined 3.7 per cent week-over-week to $1,288 per FEU while those to the east coast fell 3.5 per cent to $2,625 per FEU.

Source: Schednet

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