As China’s Golden Week national holiday comes to an end, container shipping spot rates on the main east-west trades have remained flat.
According to today’s Shanghai Containerised Freight Index (SCFI), spot rates on the Shanghai-North Europe trade fell a marginal $19 to $1,149 per teu.
On the Shanghai-Mediterranean route, the decline was just $9, to end the week on $1,202 per teu.
Year-on-year comparison demonstrates just how remarkably strong the carriers’ position on …
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Source: The Loadstar