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Asia-Europe rate rises 1pc to US$935/TEU, up 10.5pc to USWC

SPOT rates for shipping containers from Asia to northern Europe in the week ending Friday rose one per cent to US$935 per TEU, according to the Shanghai Containerised Freight Index (SCFI).

Asia-Mediterranean trade dropped 1.3 per cent to $881 per TEU, London's Loadstar reported.

Asia to the US west coast increased 10.5 per cent to $2,074 per FEU while those to the east coast were up 8.9 per cent to $3,099 per FEU.

Source: Schednet

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