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Asia-Europe rates rise 3.2pc to US$830/TEU, USWC dip 2.4pc at $1,361/FEU

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

09 March 2020 - 19:00

SPOT rates for shipping containers from Asia to northern Europe in the week ending last Friday rose 3.2 per cent to US$830 per TEU.

Asia-Mediterranean rates edged down 1.4 per cent at $915 per TEU, according to the Shanghai Containerised Freight Index (SCFI).



Rates from Shanghai to US west coast fell 2.4 per cent to $1,361 per FEU while China-US east coast increased slightly to $2,679 per FEU.


WORLD SHIPPING

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