SPOT rates for shipping containers from Asia to Northern Europe dropped 14 per cent to US$657 per TEU in the week ending Friday, according to the Shanghai Containerised Freight Index (SCFI), IHS Media reported.
The Asia-Med component of the SCFI declined 11 per cent to US$788 per TEU.
Shanghai to the US west coast down five per cent to $811 per FEU as rates to the US east coast off two per cent to $1,649 per FEU.
Source: SchednetPrevious Next
In Conversation With Mr Ajay Reshamwala, Managing Director, Reshamwala Shipbrokers
India Tanker Shipping Trade Summit 2018