Forward transpacific container rates at mid-2012 levels

Transportation

Friday, December 28, 2012

Container derivative prices on the transpacific have largely rebounded to mid-2012 levels, according to information from London-based ICAP Shipping. The forward curve on the Asia-U.S. West Coast lane was at around $2,500 per FEU in January, according to ICAP’s container forward prices released Friday. That compares to $2,550 per FEU on the same lane in July. From Asia to the U.S. East Coast, it’s a similar picture. The forward price in January is $3,700 per FEU, compar...

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