Asia-Europe spot rates head for $20k as new China Covid problem unfolds Published on: 14th June 2021

The new problem has prompted suggestions that the current shipping delays could persist for up to another 12 months.

According to a report in The Loadstar, shipping companies will be introducing further rate increases this week, with FAK rates from Asia to North Europe edging towards $20,000 per 40ft.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.