SeaNews Turkey - Shanghai index rates to USWC at $2,415/FEU, Asia-Europe at $3,556/FEU

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Saturday, 25.May.2013, 15:27 (GMT+3)

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Shanghai index rates to USWC at $2,415/FEU, Asia-Europe at $3,556/FEU

THE Shanghai Containerised Freight Index (SCFI) increased by US$9.4 overall to $1,426 per TEU, but the Asia-European trade rate fell to $36 to $1,747 per TEU as the Med trade lane route fell $15 to $1,747.

Rates out of China to the US west and east coasts accounted for most of the general increase in the SCFI, as the April rate hikes took hold on the transpacific.

Spot rates from Shanghai to the US west coast jumped $130 to $2,415 per FEU while rates to the east coast increased $40 to $3,556.

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