Container rates continue to skyrocket with sharp increases on Asia-Europe

Container freight rates from China to the rest of the world continued to soar this week, reaching the highest level in several years. This week, freight rates from Asia to Europe took the lead.

Photo: PR / CMA CGM

Rates for container freight from China to the rest of the world continued their significant increases this week, reaching some of the highest levels seen in many years.

This week, developments were particularly driven by rates from Asia to Europe, shows rate index Shanghai Containerized Freight Index, SCFI, which measures spot rates on container freight from Shanghai to various destinations around the world.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

"Mixed lobbying" hinders Maersk from elite status on climate efforts

Think tank InfluenceMap has mapped out how well global companies like Unilever, Ikea and Maersk are performing in terms of meeting climate requirements and whether their words match their deeds. Ambiguous communication stands in the way of Maersk reaching the top, the think tank explains to ShippingWatch.

Danske Bank makes commitment to CO2 neutral loan portfolio by 2050

By 2050 at the latest, Danske Bank's loan portfolio must be fully CO2 neutral. The bank, which provides loans to shipping as well as the oil and gas sector and also supports the Poseidon Principles, isn't ready yet to set out short-term intermediate targets on the road towards CO2 neutrality.

Further reading

Related articles

Trial banner

Latest news

See all jobs