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A slow week for rates on the key liner trade routes, with no further gains being seen on any of the routes, some sideways movement and some drops as container rates appear to have peaked after a good run.

The cross Pacific rotation FBX01 (China/East Asia – US West Coast) lost $598 from last Friday and is up $936 since the start of July, ending the week at $7,068. Rates from the Far East to the USEC FBX03 (China/East Asia – US East Coast) flatlined, staying at $9,102, no change on last week and up $1,205 since the start of the month.

Trade into the North Continent represented by FBX11 (China/East Asia – North Europe) dipped by $239 week on week, settling the week at $5,598 and up $788 from the start of the month. Rates into the Mediterranean FBX13 (China/East Asia – Mediterranean) lost $308 from last Friday, ending the week at $6,710 but still up $175 from the start of July.