Receive FREE Newsletter
Advanced Search
+

News / Festive boost for container lines as tighter supply pushes up spot rates

Aerial top view container cargo ship unloading in import export
ID 144595589 © Mr.siwabud Veerapaisarn | Dreamstime.com
By

Container spot rates from Asia to Europe and the US soared in the final weeks of 2019, boosted by tightening supply and low-sulphur surcharges.

According to the latest Shanghai Containerized Freight Index (SCFI), rates to North Europe have jumped 19% since 20 December, and to US ...

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.
Current subscriber
New subscriber

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    Asia-Mediterranean Asia-North Europe Asia-US east coast Rates: the eternal tango SCFI Transpacific Trade