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    Asia-Europe rate off slightly to US$580/TEU, USWC surge 4.2pc at $1,368/FEU

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    Asia-Europe rate off slightly to US$580/TEU, USWC surge 4.2pc at $1,368/FEU
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    SPOT rates for shipping containers from Asia to northern Europe in the week ending Friday recorded only a slight decline to US$580 per TEU

    SPOT rates for shipping containers from Asia to northern Europe in the week ending Friday recorded only a slight decline to US$580 per TEU. Asia-Mediterranean rates ticked down slightly by 1 per cent to $715 per TEU, according to the Shanghai Containerised Freight Index (SCFI).

    Rates from Shanghai-US west coast were up 4.2 per cent at $1,368 per FEU while China-US east coast increased 1.7 per cent to $2,374 per FEU.

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