Monday, 3 February 2014 01:01
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Reuters: Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 1.1% to $ 1,580 per 20-foot container (TEU) in the week ended on Thursday, one source with access to data from the Shanghai Containerised Freight Index told Reuters. Freight rates stood at $ 1,316 one year ago.
Denmark’s Maersk Line has a market share of around 20% on the busy route between Asia and Europe. In the week to Thursday, container freight rates dropped by 1.5% to ports in the Mediterranean.
They were down 0.1% to ports on the US West Coast and were unchanged to ports on the US East Coast.
The numbers was published one day earlier this week due to the Chinese New Year.
