Asia-Europe rate rises 1.8pc to US$788/TEU, up 4.6pc to USWC

SPOT rates for shipping containers from Asia to northern Europe in the week ending Friday rose 1.8 per cent to US$788 per TEU, according to the Shanghai Containerised Freight Index (SCFI).

Asia-Mediterranean trade increased 8.9 per cent to $756 per TEU, London's Loadstar reported.

Asia to the US west coast gained 4.6 per cent to $1,468 per FEU while those to the east coast up 2.6 per cent to $2,433 per FEU.

Source: Schednet

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