Container spot rates from Asia to Europe were flat this week as China began its new year holiday.
The Shanghai Containerized Freight Index (SCFI) recorded North Europe rates at $914 per teu, while for Mediterranean ports the rate was $791 per teu.
At least 50% of cargo carried on the route is fixed on a spot basis with varying lengths of validity.
And with spiralling fuel costs, some carriers have told The Loadstar that, …
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Source: The Loadstar