15-05-2017

Asia-Europe rate falls 3.5pc to US$961/TEU, off 7.9pc to USWC

ANE

SPOT rates for shipping containers from Asia to northern Europe fell 3.5 per cent to US$961 per TEU in the week ending Friday, according to the Shanghai Containerised Freight Index (SCFI).

Asia-Mediterranean trade dropped 3.9 per cent to $949 per TEU, American Shipper reported.

Asia to the US west coast declined 7.9 per cent week over week to $1,432 per FEU while those to the east coast were off 5.3 per cent to $2,432 per FEU.

Source: Schednet 

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