Asia-Europe rate declines 3.2pc to US$834/TEU, off 5.7pc to USWC
SPOT rates for shipping containers from Asia to northern Europe in the week ending Friday declined 3.2 per cent to US$834 per TEU, according to the Shanghai Containerised Freight Index (SCFI).
Asia-Mediterranean trade fell 1.1 per cent to $905 per TEU, London's Loadstar reported.
Asia to the US west coast tumbled 5.7 per cent to $1,194 per FEU while those to the east coast were down 2.5 per cent to $2,181 per FEU.
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