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Asia-Europe rates still on the up, but transpac blanking strategy struggles
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Asia-Europe rates still on the up, but transpac blanking strategy struggles
Container spot freight rates on the Asia-Europe trades continued their upward march this week, with prices returning to levels last seen in late summer. Drewry’s World Container Index (WCI) this week recorded a 5% week-on-week gain on its Shanghai-Rotterdam leg, to end at $2,361 per 40ft, a level it last hit on 4 September. Meanwhile, the WCI’s Shanghai-Genoa leg was up 13% on the previous week, to break the $3,000 barrier and ... The post Asia-…
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