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Asia-Europe rates down 1.9pc to US$739/TEU, USWC surge 15.3pc at $1,724/FEU

SPOT rates for shipping containers from Asia to northern Europe in the week ending last Friday declined 1

04 May 2020 - 19:00

SPOT rates for shipping containers from Asia to northern Europe in the week ending last Friday declined 1.9 per cent to US$739 per TEU.

Asia-Mediterranean rates slipped 0.5 per cent at $840 per TEU, according to the Shanghai Containerised Freight Index (SCFI).



Rates from Shanghai to US west coast soared 15.3 per cent to $1,724 per FEU while China-US east coast increased by 5.8 per cent to $2,773 per FEU.


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