VALENCIA, SPAIN - OCTOBER 2, 2018. Aerial view of port container yard and cityscape
© Alexey Novikov

Container spot rates to the Mediterranean rocketed by more than 40% this week, according to today’s Shanghai Containerized Freight Index (SCFI).

Rates from Asia to Mediterranean ports increased by $312, to $1,083 per teu, and are now some 30% higher than a year ago.

Carriers on the ...

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