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Asia-Europe falls 0.4pc to US$827/TEU, USWC jumps 18.3pc to $1,610/FEU

SPOT rates for shipping containers from Asia to northern Europe in the week ending last Friday fell 0

16 March 2020 - 19:00

SPOT rates for shipping containers from Asia to northern Europe in the week ending last Friday fell 0.4 per cent to US$827 per TEU.

Asia-Mediterranean rates edged down 1.3 per cent at $903 per TEU, according to the Shanghai Containerised Freight Index (SCFI).



Rates from Shanghai to US west coast jumped 18.3 per cent to $1,610 per FEU while China-US east coast increased 8.3 per cent to $2,912 per FEU.


WORLD SHIPPING

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