Asia-North Europe carriers failed in their bid to raise freight rates in
mid-December with spot rates rolling back some of their earlier gains with the
SCFI slipping by 2.2% last week. However, the SCFIS jumped by a larger than
expected 14.0% on 16 December, reflecting the delayed effects of the early
December rate hikes.
Most carriers are holding their rates until the end of the year, before making
another attempt to raise rates to $6,000/feu on 1 January. Maersk continues to
offer selective d