SILKRAILS.WORDPRESS.COM (GCTL8.com – FOCUSASIA MEDIA Ltd

maersk-news00000000000000014007

ROTTERDAM, May 10 (FAM) – The Asia-Europe ocean freight spot market is expected to hold firm in the wake of a relatively successful 1 May price push by container lines in the lead up to the crucial peak season in what could be viewed as a further sign of newfound stability on the premier east-west trade.

The Shanghai Containerised Freight Index (SCFI) forecasts only minimal rate erosion this week, with spot rates on the Asia-northern Europe and Asia-Mediterranean trades expected to fall just 2.4% to $996 per teu and 2.3% to $988 per teu, respectively.

 

Advertisements