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Asia-Europe rates dip 6.2pc to US$710/TEU, USWC off 3pc to $1,566/FEU

SPOT rates for shipping containers from Asia to northern Europe in the week ending Friday fell a further 6

Asia-Europe rates dip 6.2pc to US$710/TEU, USWC off 3pc to $1,566/FEU

SPOT rates for shipping containers from Asia to northern Europe in the week ending Friday fell a further 6

08 September 2019 - 19:00

SPOT rates for shipping containers from Asia to northern Europe in the week ending Friday fell a further 6.2 per cent to US$710 per TEU, while the Shanghai-Mediterranean rates dipped two per cent to $877 per TEU, according to the Shanghai Containerised Freight Index (SCFI).

Shanghai-US west coast rates fell three per cent to $1,5665 per FEU while China-US east coast slipped 2.3 per cent to $1,566 per FEU.


WORLD SHIPPING

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