GCTL8.com (FocusAsia Media Ltd)

SHANGHAI, Oct 25 (FAM) – Spot market rates on the principal box trades are expected to hold firm in the coming week, but with the winter slack season just around the corner, carriers will face a battle to sustain rates at their current level as demand slows.

The latest Shanghai Containerised Freight Index (SCFI), covering 15 trades out of the world’s largest port, suggests the spot market on both the Asia-Europe and the transpacific routes will be essentially unchanged, having witnessed moderate gains last week, with Asia-north Europe rates forecast to climb 0.8% to $761 per teu, according to the SCFI.