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Asia-Europe rate rises 7.3pc to US$926/TEU, up 16.4pc to USWC

SPOT rates for shipping containers from Asia to northern Europe in the week ending Friday rose 7.3 per cent to US$926 per TEU, according to the Shanghai Containerised Freight Index (SCFI).

Asia-Mediterranean trade grew 2.8 per cent to $893 per TEU, London's Loadstar reported.

Asia to the US west coast surged 16.4 per cent to $1,877 per FEU while those to the east coast up 7.4 per cent to $2,846 per FEU.

Source: Schednet

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