CSAV: Rates continue rise

CSAV: Rates continue rise
   Chilean carrier CSAV, one of the few carriers to report container liftings on a monthly basis, said it moved 184,000 TEUs in February, up from 124,800 TEUs in February 2009.
   Liftings were down for the second month in a row from 189,100 TEUs in January and 191,000 TEUs in December.
   Rates are slightly lower than they were a year ago, but have risen since last summer. CSAV said an index it set at 2,000 to represent average rates in 2008 now stands at 1610.3 compared to 1,630.3 in February 2009. But the index has been rising steadily since August 2009 when it bottomed out at 1,246.8.