Freight rates on Indian trades hit new lows amid weakening demand
date:Nov 29, 2022
ainers to West India (Nhava Sheva/Mundra).

Average short-term contract prices offered by leading liners for Indian cargo moving to the US East Coast (New York) have also crashed significantly from the October levels down to US$4,750 per 20-foot box, versus US$6,350, and US$6,350 per 40-foot box, from US$8,350, and at US$3,650/20-foot container, from US$4,500, and US$4,850/40-foot box, down from US$6,050, for shipments to the US West Coast (Los Angeles).

For the West India-US Gulf Coast trade,
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05/18 23:08