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Asia-Europe rate drops 8.3pc to US$831/TEU, off 6.2pc to USWC


SPOT rates for shipping containers from Asia to northern Europe in the week ending Friday dropped 8.3 per cent to US$831 per TEU, according to the Shanghai Containerised Freight Index (SCFI).

Asia-Mediterranean trade fell 6.8 per cent to $857 per TEU. Asia to US west coast decreased 6.2 per cent to $1,720 per FEU while those to the east coast off 4.4 per cent to $2,837 per FEU.

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