News / Shadow of recession adds to carrier woes as rates fall after Chinese holiday

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geni

15/02/2019

As anticipated, container spot rates softened across the major deepsea trades following the Chinese New Year factory holiday.

The Shanghai Containerized Freight Index (SCFI) this week recorded spot rates from Asia to North Europe down 5.6%, to $906 per teu, as carriers scrambled to fill their ...

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