Last week rates from Shanghai to Europe increased $46 per TEU, after rising $180 the week before.

 Asia-Mediterranean rates are also up, rising 2.8 per cent to $2,033 per TEU last week.

 Rates from Asia to the US remained flat last week, with west coast rates dipping 0.1 per cent to $2,412 per FEU and east coast rates edging up 0.6 per cent to $3,579 per FEU.

 Across all trades covered by the index the SCFI was up 0.9 per cent for the week to 1,501.46 points.

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