1024px-Southampton_docks_at_night_4_seconds
geni

As anticipated, container spot rates softened across the major deepsea trades following the Chinese New Year factory holiday.

The Shanghai Containerized Freight Index (SCFI) this week recorded spot rates from Asia to North Europe down 5.6%, to $906 per teu, as carriers scrambled to fill their ships following the break.

But the rate erosion could have been much worse without the 2M’s last-minute decision to blank the sailing of the 19,437 teu MSC Eloane on Maersk Line and MSC’s AE10/Swan loop this ...

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.