Intra-Asia container rates rise 6% to six-week high of $1,028

Summary

Drewry's Intra-Asia Container Index climbed 6% to $1,028 per 40ft box, a six-week high, as Middle East unrest and Typhoon Dolphin congestion compounded. Shanghai-Jawaharlal Nehru jumped 33% to $2,353 and Shanghai-Singapore rose 8% to $1,096, with rates expected to stabilise in coming weeks.