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News / Spot rates on box trades becalmed as Chinese new year holiday begins

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Container spot rates from Asia to Europe were flat this week as China began its new year holiday.

The Shanghai Containerized Freight Index (SCFI) recorded North Europe rates at $914 per teu, while for Mediterranean ports the rate was $791 per teu.

At least 50% of cargo carried ...

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