ShippingWatch

Key index performs turnaround and increases

Spot prices on freight from Asia to the rest of the world are currently hovering at 1195.36, compared to last week's 1060.75, according to numbers from the Shanghai Shipping Exchange.

Photo: Hanjin

The key container freight rate index SCFI has, after spending several weeks in decline, turned developments around and increased 12.7 percent this week.

The index, which shows spot prices on freight from Asia to the rest of the world, currently stands at 1195.36, compared to 1060.75 last week, according to numbers from the Shanghai Shipping Exchange.

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