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Asia-Europe spot rates rise ahead of new FAK increases
Drewry's WCI showed weekly gains on Shanghai-Rotterdam and Shanghai-Genoa routes, ending three months of declines ahead of new FAK increases this month.
According to Drewry's World Container Index, the Shanghai-Rotterdam spot rate rose 6% week on week to $3,522 per 40ft container. The Shanghai-Genoa rate increased 7% to $3,945 per 40ft.
The increase ended three months of declining container spot rates on Asia-Europe trades. It came ahead of new FAK price increases this month, according to the report.
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