18-09-2017

Asia-Europe rate falls 5.3pc to US$769/TEU, rises 7.7pc to USWC

SPOT rates for shipping containers from Asia to northern Europe in the week ending Friday fell 5.3 per cent to US$769 per TEU, according to the Shanghai Containerised Freight Index (SCFI).

Asia-Mediterranean trade dropped 3.7 per cent to $730 per TEU. Asia to the US west coast rose 7.7 per cent week to week to $1,586 per FEU while those to the east coast up 1.7 per cent to $2,269 per FEU. 

Source: Schednet 

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