Asia-Europe rate drops 1.4pc to US$918/TEU, off 1.2pc to USWC


SPOT rates for shipping containers from Asia to northern Europe in the week ending Friday declined 1.4 per cent to US$918 per TEU, according to the Shanghai Containerised Freight Index (SCFI).

Asia-Mediterranean trade dropped 2.1 per cent to $831 per TEU. Asia to the US west coast rates were up 1.2 per cent week to week to $1,659 per FEU while those to the east coast fell 1.1 per cent to $2,592 per FEU.

Source: Schednet 

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