This week’s FAK rate hikes introduced by carriers on the Asia-Europe trades managed to arrest 13 weeks of successive spot freight rate declines.
All the major spot rate indices this week showed a slight increase on the trades.
The Shanghai-Rotterdam leg on Drewry’s World Container Index (WCI) increased 2%, week on week to end at $2,636 per 40ft, while the Shanghai-Genoa leg was unchanged, at $3,745 per 40ft.
Xeneta’s XSI Far East-North Europe …
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