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Asia-Europe falls 3.6pc to US$804/TEU, USWC slide 2pc to $1,394/FEU


SPOT rates for shipping containers from Asia to northern Europe in the week ending Friday edged down 3.6 per cent to US$804 per TEU.

Asia-Mediterranean rates fell five per cent to $928 per TEU, according to the Shanghai Containerised Freight Index (SCFI).

Rates from Shanghai to US west coast fell two per cent $1,394/FEU while China-US east coast fell 2.8 per cent drop to $2,640 per FEU.

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