SCFI holds above 3,300 as US lanes firm and Europe slips: USEC at $9,568/FEU

Summary

The Shanghai Containerized Freight Index stood at 3,355.24 points on 14 August, up 2.4% on the period. Shanghai-US West Coast rose 3.5% to $6,714/FEU and Shanghai-US East Coast 3.0% to $9,568/FEU, while Europe eased 0.6% to $2,945/TEU and the Mediterranean 2.9% to $3,929/TEU. The Persian Gulf lane, still hit by Middle East tensions and long diversions, added 3.1% to $5,422/TEU.