Asia-USWC rates up 12.7pc to $2,285/FEU - USEC up 9.6pc to $3,516/FEU
2012 04 16
- Details
SPOT rates from Asia to the US west coast soared 12.7 per cent last week to US$2,285 per FEU, while rates to the east coast jumped 9.6 per cent to $3,516 per FEU, ahead of the proposed April 15 increases, according to the latest Shanghai Containerised Freight Index (SCFI).
Rates on the Asia-Europe trade dipped 1.5 per cent to $1,744 per TEU, and remained steady on the Asia-Mediterranean trade at $1,762 per TEU. Carriers are looking to increases rates on both trades from May 1.
Across all trades covered by the index the SCFI rose 3.1 per cent to 1,416.87 points.
Source Source Shipping Gazette - Daily Shipping News
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