News / Spot rates hold fairly steady as carriers get ready to surcharge

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Container spot rates from China fell slightly this week, as carriers decided it was futile to discount cargo that is currently unavailable.

Moreover, container lines are receiving numerous booking enquiries for the end of March onwards and are understood to be considering a peak season surcharge (PSS) from 1 April.

The North Europe component of the Shanghai Containerized Freight Index (SCFI) edged down by 1.8% this week to $834 per teu while spot rates for Mediterranean ports fell by 5.2% to $977 ...