A-E off 17pc to US$259/TEU, off 7.3pc to USWC, off 5.2pc to USEC
SPOT rates for shipping containers from Asia to northern Europe fell 17.3 per cent to US$259 per TEU last Friday, according to Shanghai Containerised Freight Index (SCFI) data, Reuters reported.
On the Asia-Med run, rates dropped 22 per cent in the week till Friday, as well as falling 7.3 per cent to $1,197 per FEU to ports on the US west coast and down 5.1 per cent to $2,199 per FEU to US east and Gulf coast ports.