Asia-North Europe Box Rates Up 7 pct

File Image: Credit Port of Boston

Posted by Joseph Keefe

Container spot freight rates from Asia to Northern
Europe rose 7 percent to $961 per twenty-foot equivalent units
(TEU), the Shanghai Containerized Freight Index showed on Friday.

  • Freight rates from Asia to ports in the Mediterranean rose
    $38 to $882 per TEU
  • Maersk Line, a unit in Danish shipping and oil group A.P.
    Moller-Maersk, is the market leader with a global market share
    of around 15 percent. It controls around 20 percent on the
    world's busiest routes between Asia and Northern Europe

Reported by Reuters Copenhagen newsroom

Feb 24, 2017

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