Still no sign of a peak season, and volatile fuel prices add to the pressure on carriers

July 19, 2019 Gavin van Marle

Deepsea container shipping freight rates on the Asia-Europe trades this week again showed that the peak season has yet to materialise, with price quotes for next week showing more marginal declines.
According to today’s Shanghai Containerised Freight Index (SCFI), which records a sample of freight rate quotes for the following week, the all-in spot rate for China-North Europe is set to decline 0.6%, to $672 per teu, and for China-Mediterranean ports ...

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