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Asia-Europe rate dips 2.7% to US$933/TEU, rises 8.1% to USWC


SPOT rates for shipping containers from Asia to northern Europe in the week ending Friday dipped 2.7 per cent to US$933 per TEU, according to the Shanghai Containerised Freight Index (SCFI).

Asia-Mediterranean trade decreased 0.8 per cent to $908 per TEU, London's Loadstar reported.

Asia to the US west coast grew 8.1 per cent to $2,298 per FEU while those to the east coast edged up 4.7 per cent to $3,485 per FEU.

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