ShippingWatch

Rates on Asia-Europe in solid increase

In total, the rates on Asia-Europe have increased by USD 200 during 2013. Year-to-year, the rates have increased by 93 percent caused by the beginning of 2012 being marred by a tough price war.

Photo: Hapag-Lloyd

Rates on routes from Asia to Europe have gone through a solid increase this week and thereby they have grown two weeks in a row in 2013. In total, rates on the routes have increased by USD 200 in 2013.

In the week ending today, Friday, the rates between Asia and Europe increased by 11.7 percent or 148 dollars to 1,418 dollars, according to the Shanghai Shipping Exchange container rate index. The routes from Asia to the Mediterranean experienced a rate increase of 17.1 percent to 1,356 dollars.

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