Container rates from Asia to Europe have hit fresh all-time highs as logistical issues continue to constrain the market and demand remains firm through to July, limiting availability on ships. Platts Container Rate 1 – North Asia-to-North Continent – rose to $12,000/FEU on May 17, up $1,500/FEU from the week earlier. This increase reflected a …
The post Asia-to-Europe container rates hit fresh all-time highs on delays first appeared on Hellenic Shipping News Worldwide.