SCFI: Asia-Europe market shrugs off carriers' hefty May 1 GRIs

JOC Maritime News

SCFI: Asia-Europe market shrugs off carriers' hefty May 1 GRIs

| May 01, 2015 5:05AM EDT
Asia-Mediterranean spot rates rose sharply on the back of May 1 general rate increases this week, but a host of GRIs on the Asia-Europe trade were unable to stem the sliding container prices, according to the Shanghai Containerized Freight Index (SCFI).
Maritime News

Please log in below to view the rest of this page. If you do not have an account, please register or subscribe below for access.

More Maritime News News & Analysis

Container shortages threaten India’s export gains
Zim offers Alibaba shoppers direct e-commerce ocean services
Demand surge intensifies container shortages in Asia
Drewry upgrades ’20 carrier profit guidance to $11 billion
CMA CGM battles to restore systems a week after cyber attack
Market uncertainty clouds Asia-Europe contract talks
Alliances outline extensive blank sailings for Q3
Asia-Europe container rates to remain elevated through Q4: service providers
Maritime News

More on JOC

JOC Rankings: COVID-19 drags down US resin export growth

Maritime News

UP raises Seattle surcharge to $1,000 for small shippers

Union Pacific Railroad

European inland hub boosts rail container trade from China

Rail & Intermodal

China’s rebounding economy gives volume relief to key European ports

Port News

JOC Uncharted: Episode 22

JOC Uncharted
More News & Analysis