Asia-Europe rate falls 5.9pc to US$880/TEU, off 10.3pc to USWC


SPOT rates for shipping containers from Asia to northern Europe in the week ending Friday declined 5.9 per cent to US$880 per TEU from $933 per TEU, according to the Shanghai Containerised Freight Index (SCFI). 

Asia-Mediterranean trade slipped three per cent to $877 per TEU, American Shipper reported. 

Asia to the US west coast dropped 10.3 per cent week-over-week to $1,146 per FEU while those to the east coast off 6.8 per cent to $2,081 per FEU.

Source:- Schednet

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