Another CMA CGM vessel heading for Suez Canal – 'to mitigate schedule delay'
Following the Suez Canal Authority’s decision to offer a 15% rebate on transit fees for ...
© Juntinglin
By Mike Wackett
Container spot rates from Asia to Europe were flat this week as China began its new year holiday.
The Shanghai Containerized Freight Index (SCFI) recorded North Europe rates at $914 per teu, while for Mediterranean ports the rate was $791 per teu.
At least 50% of cargo carried on the route is fixed on a spot basis with varying lengths of validity.
And with spiralling fuel costs, some carriers have told The Loadstar that, for the time being, they prefer to book containers on ...
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