Rates to the USWC have slipped further with the SCFI assessment at $3,484/feu
while the CCFI assessment has dropped to 2,195 points. Carriers are continuing
to offer lower rates for September bookings with rates of below $3,000/feu
already on offer.
Rates to the USEC are also coming under pressure, with the SCFI assessment
dropping by $551/feu last week. The USEC rates will continue to weaken in the
coming weeks as the gap between the WC and EC rates are expected to narrow
further, barring any