Reports of full vessels from Asia to Europe and the US failed to make much impression on container spot rates this week.
Prices only edged up marginally on both trades and remain significantly below the levels of a year ago.
The Shanghai Containerized Freight Index (SCFI) recorded a miserly 1% uplift in spot rates to North Europe, to reach $897 per teu, while for Mediterranean ports the index showed a more satisfactory …
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Source: The Loadstar