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Asia-Europe up 4.4pc to US$800/TEU, USWC up 7.4pc to $1,509/FEU

SPOT rates for shipping containers from Asia to northern Europe in the week ending Friday jumped 9

Asia-Europe up 4.4pc to US$800/TEU, USWC up 7.4pc to $1,509/FEU

SPOT rates for shipping containers from Asia to northern Europe in the week ending Friday jumped 9

08 December 2019 - 19:00

SPOT rates for shipping containers from Asia to northern Europe in the week ending Friday jumped 9.1 per cent to US$766 per TEU.

Asia-Mediterranean rates increased 5.6 per cent to $771 per TEU, according to the Shanghai Containerised Freight Index (SCFI).



Rates from Shanghai-US west coast jumped 7.4 per cent to $1,509 per FEU while China-US east coast fell 14.4 per cent to $2,256 per FEU.


WORLD SHIPPING

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