Posted on June 9, 2011

Freight container rates from Asia to Europe are declining, even though shipping lines are increasing bunker surcharges.

The Shanghai Containerised Freight Index (SCFI), all-in spot rates from Shanghai to Europe were $9 lower than the previous week.

Shipping lines may find it difficult to implement a peak-season surcharge (PSS) this year as ships are only running at about 80% of capacity. However, freight rates from Shanghai to the Mediterranean have continued to increase.

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