Asia-Europe rates soar 270pc to US$1,109/TEU, Asia-Med up 178pc
Time：2015-08-03
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The Shanghai Containerised Freight Index (SCFI) rates jumped 178 per cent from Asia to ports in the Mediterranean to $1,119 per TEU, the highest rate since February but still down 24 per cent year on year.
More than 50 voyages, or 10 per cent of all Asia-north Europe sailings, were cancelled during the first six months of this year, the highest rate of sailing cancellations ever recorded on the trade, according to Alphaliner.