Asia-Europe rate falls 2.1pc to US$919/TEU, declines 3.1pc to USWC


SPOT rates for shipping containers from Asia to northern Europe in the week ending Friday fell 2.1 per cent to US$919 per TEU, according to the Shanghai Containerised Freight Index (SCFI). 

Asia-Mediterranean trade slipped 1.4 per cent to $852 per TEU. 

Asia to the US west coast declined 3.1 per cent week-over-week to $1,226 per FEU while those to the east coast off 0.8 per cent to $2,233 per FEU.

Source: Schednet

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