News / Carriers caught between the rock of contract premiums and the hard place of falling spot rates

15/04/2016

Container spot rates on the two biggest trades, Asia-Europe and the transpacific, fell again this week, exerting yet more pressure on the overstretched balance sheets of ailing ocean carriers.

The Shanghai Containerised Freight Index (SCFI) recorded a cumulative 3.6% spot rate decline on the previous week.

From Asia ...

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