default_image
© Khunaspix Dreamstime.

Container spot rates between Asia and Europe fell again this week, sinking to a level of around 50% of their value at the beginning of the month.

Today’s Shanghai Containerized Freight Index (SCFI) shows a 10.4% drop for North Europe to $691 per teu, while spot rates for Mediterranean ports slumped by 15% to $594 per teu.

This represents the third consecutive week that the SCFI has recorded declines in spot rates for Europe, after 1 August GRIs and minimum FAK (freight ...

Please Register

To continue reading, please login or register for full access to our free content
Loadstar subscriber
New Loadstar subscriber REGISTER

Comment on this article


You must be logged in to post a comment.