News / Asia-Europe rates on the slide again as world's biggest boxship docks in the UK

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Asia-Europe container shipping rates continued to tumble this week, with the Shanghai Container Freight Index’s Shanghai-North Europe leg losing $110 per teu.

The SCFI level was $975 per teu for shipments to northern Europe this morning, a loss of 10% over the previous week’s $1,085 per teu – slipping below the $1,000 level that was commonly thought to be break-even for carriers, until oil prices also came tumbling down

CMA CGM has announced a $300 per teu peak season surcharge to be ...