Asia-Europe rate rise 1.8pc to US$907/TEU, up 1.5pc to USWC

SPOT rates for shipping containers from Asia to northern Europe in the week ending Friday increased 1.8 per cent to US$907 per TEU, according to the Shanghai Containerised Freight Index (SCFI).

Asia-Mediterranean trade increased 1.4 per cent to $772 per TEU, London's Loadstar reported.

Asia to the US west coast rose 1.5 per cent week-to-week to $1,457 per FEU while those to the east coast declined 1.1 per cent to $2,761 per FEU.

Source: Schednet

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