Asia-Europe rates slip to US$1,708/TEU, but advance to $2,415/FEU for USWC

2012 04 23

Details

RATES from Asia to Europe softened again this week, slipping 2.1 per cent to US$1,708 per TEU, according to the Shanghai Containerised Freight Index (SCFI).

Asia-Mediterranean rates were also down, dipping 0.9 per cent to $1,747 per TEU.

But rates from Asia to the US west coast increased 5.7 per cent to $2,415 per FEU, and by 1.1 per cent to $3,556 per FEU on the Asia-US east coast route.

Across all trades covered by the index, the SCFI was up 0.6 per cent to 1,426.23 points.

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