There was a modest uptick this week for spot rates to North Europe, a decline for the Mediterranean ports and a rate hike respite for transpacific shippers.
The Shanghai Containerized Freight Index (SCFI), published yesterday due to a public holiday in China today, saw rates to North Europe up 1.1% to $658 per teu, while Mediterranean rates fell by 1.9% to $711 per teu.
CMA CGM has extended its March Asia-North Europe …
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Source: The Loadstar