Asia-Europe rate rises 0.7pc to US$694/TEU, falls 12pc to USWC

SPOT rates for shipping containers from Asia to northern Europe in the week ending Friday rose 0.7 per cent to US$694 per TEU, according to the Shanghai Containerised Freight Index (SCFI).

Asia-Mediterranean trade fell 0.3 per cent to $593 per TEU, IHS Media reported.

Asia to the US west coast declined 12 per cent week over week to $1,097 per FEU while those to the east coast slipped seven per cent to $1,681 per FEU.

Source: Schednet

Previous Next

Quality Seafarers Will Always Remain in Demand: Capt Vijay Rangroo, Managing Director, MTMSM

View More Videos


India Tanker Shipping Trade Summit 2018

View All Albums