News Snapshot:
Asia-Europe ocean rates rise due to Suez complications The delayed but anticipated impact of the Suez blockage on Asia-Europe container flows and freight rates finally kicked-in this week, with Asia-North Europe prices climbing by around 6%, Freightos figures indicate Will Waters, at Lloyd’s Loading List The delayed but anticipated impact of the Suez blockage on Asia-Europe container flows and freight rates finally kicked-in this week, with Asia-North Europe rates climbing by around 6% to an average of $7,762/FEU, after falling 14% since February through to last week, new analysis by freight digitalisation and rates platform Freightos. Asia-Mediterranean prices also increased...
