Today’s Shanghai Containerized Freight Index (SCFI) comprehensive index was up 2.1% this week reflecting a stable spot market for container shipments from Asia.
The North Europe component of the SCFI ticked up by 1.8% to $788 per teu and crucially held onto the previous week’s gains.
There was also an 8.9% uplift in spot rates for Mediterranean ports to $756 per teu.
There was a similar story on the transpacific tradelane where carriers …
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Source: The Loadstar