Maersk joins peers with emergency surcharges on Pakistan cargo
Maersk has joined its peers in implementing ’emergency operational surcharges’ on cargo in and out ...
Container spot freight rates from Asia to Europe collapsed this week with rates for North Europe plunging by 26% and rates for Mediterranean ports dropping by 28%.
Today’s Shanghai Containerized Freight Index (SCFI) fell overall by 9.5% on the week, with all of the main routes showing decline.
But the most damage was felt in the world’s biggest tradelane, Asia-Europe.
Spot rates for the Mediterranean fell $240 per teu to $629, and for North Europe rates slumped by $195 to $545 per teu, ...
European port congestion now at five-to-six days, and getting worse
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