Asia-Europe rate rises 6.7pc to US$801/TEU, up 9pc to USWC

SPOT rates for shipping containers from Asia to northern Europe in the week ending Friday rose 6.7 per cent to US$801 per TEU, according to the Shanghai Containerised Freight Index (SCFI).

Asia-Mediterranean trade maintained its flat progress at $596 per TEU, IHS Media reported.

Asia to the US west coast increased 9.7 per cent week over week to $1,183 per FEU while those to the east coast rose nine per cent to $1,967 per FEU.

Source: Schednet

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