Another CMA CGM vessel heading for Suez Canal – 'to mitigate schedule delay'
Following the Suez Canal Authority’s decision to offer a 15% rebate on transit fees for ...
Container ship Callisto docked in the port, Birzebbuga, Malta, Europe.
By Mike Wackett
The Shanghai Containerized Freight Index (SCFI) comprehensive index continued its positive run this week, rising 5.4% to 1,055.13 as the major tradelanes all registered gains.
The Asia-US west coast component of the SCFI recorded another 8.5% jump in container spot rates, to $2,920 per 40ft, while rates to the US east coast increased by 4.7% to $3,459 per 40ft.
Rates for the US west coast are now some 70% higher than a year ago, with US east coast rates ahead 24%.
Transpacific carriers ...
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