News / New blow for carriers as Shanghai-Europe box rates fall below 'break-even' $1,000

07/03/2014

Sea freight rates on the Asia-Europe deepsea route continued to fall this week, and have now dipped below the crucial break-even level of $1,000 per teu.

The Shanghai Containerised Freight Index’s (SCFI) route between Shanghai and north-west Europe was recorded at $988 per teu, a fall ...

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