14-05-2018

Asia-Europe rate rises 2.9pc to US$811/TEU, dips 5.9pc to USWC

SPOT rates for shipping containers from Asia to northern Europe in the week ending Friday rose 2.9 per cent to US$811 per TEU, according to the Shanghai Containerised Freight Index (SCFI).

Asia-Mediterranean trade increased 3.6 per cent to $783 per TEU, London's Loadstar reported.

Asia to the US west coast dipped 5.9 per cent to $1,382 per FEU while those to the east coast were off 2.8 per cent to $2,364 per FEU.

Source: Schednet

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