Container spot rates continued to climb on the Asia-Europe trades this week on the back of strong demand and extremely tight capacity, in terms of both vessel and equipment availability.
Today’s Shanghai Containerised Freight Index (SCFI) published a rate of $1,508 per teu for Shanghai-North Europe, an increase of $262 per teu on last week, up 21%.
The Shanghai-Mediterranean rate grew $310 per teu to finish the week on $1,674 per teu, …
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Source: The Loadstar