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Asia-Europe rates down 5.9pc to US$1,058/TEU, USWC slip 5.7pc at $1,543/FEU

SPOT rates for shipping containers from Asia to northern Europe in the week ending Friday edged down by 5

Asia-Europe rates down 5.9pc to US$1,058/TEU, USWC slip 5.7pc at $1,543/FEU

SPOT rates for shipping containers from Asia to northern Europe in the week ending Friday edged down by 5

12 January 2020 - 19:00

SPOT rates for shipping containers from Asia to northern Europe in the week ending Friday edged down by 5.9 per cent to US$1,058 per TEU.

Asia-Mediterranean rates held firm, ticking down slightly to $1,179 per TEU, according to the Shanghai Containerised Freight Index (SCFI).



Rates from Shanghai to US west coast were down 5.7 per cent to $1,543 per FEU while China-US east coast put on 2.8 per cent to $2,888 per FEU.


WORLD SHIPPING

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