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Asia-Europe falls 3.6pc to US$804/TEU, USWC slide 2pc to $1,394/FEU

SPOT rates for shipping containers from Asia to northern Europe in the week ending Friday edged down 3

02 March 2020 - 19:00

SPOT rates for shipping containers from Asia to northern Europe in the week ending Friday edged down 3.6 per cent to US$804 per TEU.

Asia-Mediterranean rates fell five per cent to $928 per TEU, according to the Shanghai Containerised Freight Index (SCFI).



Rates from Shanghai to US west coast fell two per cent $1,394/FEU while China-US east coast fell 2.8 per cent drop to $2,640 per FEU.


WORLD SHIPPING

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