Container spot rates diverge: to Europe still falling, but firmer to the US
A divergence in container spot freight rates between the Asia-Europe and Asia-North America trades emerged ...
Port of Felixstowe with a full moon © Rogerashford.
By Mike Wackett
Container spot rates from Asia to Europe this week showed only a modest reaction to the emergency bunker surcharge (EBS) drive by ocean carriers.
However, on the transpacific tradelane, the container lines enjoyed greater success.
For north European ports this week, the Shanghai Containerized Freight Index (SCFI) recorded a rise of $51 per teu, or 6.2%, to $876, and for Mediterranean destinations, the spot rate was up $47, or 5.5% on the week, to $895 per teu.
A year ago. the SCFI recorded a spot rate of ...
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