Transpacific spot rates soar as Red Sea war risk mounts

Capt. John

SPOT rates from Asia to North America have soared in recent days amid the fast-deteriorating security situation in the Red Sea, reports New York’s Journal of Commerce. Jon Monroe, who serves as an adviser to non-vessel-operating common carriers (NVOs), said spot rates coming out of China have spiked as high as US$2,600 per FEU to the US west coast and $3,600 per FEU to the east coast. Spot rate indexes have not had time to catch up with the rapid price escalation. Platts listed the rates at...

https://www.seanews.com.tr/transpacific-spot-rates-soar-as-red-sea-war-risk-mounts/199255/

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