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A-E rate soars 37pc to US$949/TEU, drops 6.1pc to Med ports
SPOT rates for shipping containers from Asia to Northern Europe rose 37 per cent to US$949 per TEU in the week ending Friday, according to the Shanghai Containerised Freight Index (SCFI), London's Loadstar reported.
Asia to the US west coast increases 51.4 per cent week-to-week to $1,746 per FEU while those to the east coast were up 45 per cent to $2,441 per FEU.
Surprisingly, the fallout from Hanjin's demise has not had an impact so far on rates to Mediterranean ports with spot rates dropped 6.1 per cent to US$519 per TEU.
Asia to the US west coast increases 51.4 per cent week-to-week to $1,746 per FEU while those to the east coast were up 45 per cent to $2,441 per FEU.
Surprisingly, the fallout from Hanjin's demise has not had an impact so far on rates to Mediterranean ports with spot rates dropped 6.1 per cent to US$519 per TEU.
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