Container spot rates up across the board, led by Asia-Med strength
- SCFI Shanghai-Mediterranean index is at $5,666 per feu, almost double its level in late September
- Asia-Europe rates are being supported by port congestion and rising seasonal demand; pre-Chinese New Year cargo bookings have begun
- According to Drewry, Shanghai-Los Angeles rates rose 18% w/w and Shanghai-New York rates increased 19% w/w
It was a turbulent year for container trades. Spot freight rates were unusually volatile, courtesy of Donald Trump’s tariffs. As 2025 comes to a close, spot rates are on the rise again
