Q1 container shipments from Europe to South Asia rose 18 % , YoY , to around 410,000 TEUs , and surged 10 % in April , according to Drewry 's Container Insight Weekly report . European shipments to the Middle East slipped 10 % to about 500 tonnes , followed by a 1.6 % decline in April . Freight rates are likely to rise across the board for spot shippers as a consequence of higher fuel costs for carriers, but stronger fundamentals suggest the increases will be greater for South Asia. European freight grew 10 % from the Middle East and 8.2 % from South Asia . The report suggests that freight rates may rise , particularly on South Asian routes , as fuel prices increase .
Q1 container shipments from Europe to South Asia rose 18 % , YoY , to around 410,000 TEUs , and surged 10 % in April , according to Drewry 's Container Insight Weekly report . European shipments to the Middle East slipped 10 % to about 500 tonnes , followed by a 1.6 % decline in April . European freight grew 10 % from the Middle East and 8.2 % from South Asia . The report suggests that freight rates may rise , particularly on South Asian routes , as fuel prices increase .