Freight rates on Indian trades hit new lows amid weakening demand
date:Nov 29, 2022
t week of October.

For West India-Genoa (the West Mediterranean) cargo, carriers are accepting bookings at US$2,200/20-foot box and US$2,500/40-foot box, compared with the October levels of US$3,750/20-foot box and US$4,100/40-foot box.

Eastbound cargo rates for these port pairings have, however, seen no changes month-on-month continuing to hover at US$1,400/20-foot container and US$1,500/40-foot container for bookings from Felixstowe/Rotterdam and at US$1,150/20-foot and US$1,400/40-foot cont
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05/18 20:54