Freight rates on Indian trades hit new lows amid weakening demand
date:Nov 29, 2022
rates have fallen to US$4,750 per 20-foot and US$6,850 per 40-foot container, compared with US$6,900 and US$9,050, respectively, at the end of October.

On the return direction, average contract rates have not changed from the levels maintained by major operators last month pegged at US$1,075/20-foot box and US$1,434/40-foot box from USEC; at US$2,484/20-foot box and US$ 3,193/40-foot box from USWC; and at US$1,770/20-foot and US$1,843/40-foot box from the Gulf Coast, into West India (Nhava Sh
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05/19 01:41