Drewry: Asia-Europe rates down, but signs tell of USEC increase
LONDON's Drewry Maritime Research reckons average Asia-Europe rate for container shipping is US$1,613 per FEU, $112 lower than the five-year average of $1,725, a seven per cent decline last week.
Similarly, rates from Asia to the US west coast have decreased by $34 per FEU.
But Drewry added: "We expect rates from Asia to the US east coast to increase [this week] on the back of the April 15 GRI [general rate increase] of $200/ 40ft."