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After taking delivery of the 16,000 teu MSC Germany this week, Swiss-headquartered carrier MSC broke ...
Container spot freight rates on the transpacific trades leapt this week, with prices from Asia to US west coast ports sailing way above $3,000 per feu – and looking set to jump higher.
Today’s Shanghai Containerised Freight Index (SCFI) reading – prices quoted for next week – was $3,406 per feu, an increase of 8.3% over last week’s reading of $3,144.
It showed a slight variation with the midweek Freightos Baltic Index (FBX), which reported a rate of $3,058 on Wednesday, which ...
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Comment on this article
Chas Deller
August 14, 2020 at 1:29 pmThe Shanghai to USEC rate you show is incorrect…..
Alex Lennane
August 14, 2020 at 1:33 pmThanks for pointing this out -we are correcting it now!
Gavin van Marle
August 14, 2020 at 1:34 pmThank you Chas – apologies for the typo, it wasn’t even a proper number!
Best,
Gavin