XINDE MARINE NEWS
Asia-Europe rate declines 5.3pc to US$714/TEU xinde marine news 2019-03-18 14:49


Spot rates for shipping containers from Asia to northern Europe in the week ending Friday declined 5.3 per cent to US$714 per TEU, according to the Shanghai Containerised Freight Index (SCFI).
 
Asia-Mediterranean trade fell 3.6 per cent to $748 per TEU, London's Loadstar reported.
 
Asia to US west coast decreased six per cent to $1,345 per FEU while those to the east coast off 4.9 per cent to $2,357 per FEU.
 
Source:HKSG Group

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