News / Full ships could lead to a more stable container shipping market

© Spongecake

Container spot rates on the major tradelanes were stable this week, but with headhaul vessels running full and cargo being rolled, rates are likely to spike soon.

This week’s Shanghai Containerized Freight Index (SCFI) recorded a 3.3% uplift for rates to North Europe, to $959 per teu, and a 0.7% rise for rates to Mediterranean ports, to $915 per teu.

One carrier source told The Loadstar this week that all but a few of the weaker Asia to Europe carriers were full, ...