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Italy freight rate update

by ChemOrbis Editorial Team -
  • 20/01/2015 (14:34)
According to Aprile SpA in Bologna, Italy, freight rates between Northeast Asia and the Mediterranean have been announced for the remainder of January. Freight rates started to increase, as was expected due to higher demand for February ahead of Chinese New Year. New freight rates were reported at $1550/container for 20’ containers and at $3100/container for 40’ containers effective as of January 20, 2015.

According to sources, the market is not homogenous and some freight rates did not post increases. In addition, starting January 1st, some shipping companies started new collaborations and offer different services compared to the past, but the market should see stabilization soon. Freight rates in the table below will be valid until January 31, 2015:

FromTo Freight (USD/20” container) Freight (USD/40” container)
ShanghaiGenoa/La Spezia15503100
Yantian/ChiwanGenoa/La Spezia15503100
Jakarta Genoa/La Spezia 15503100
Laem Chabang Genoa/La Spezia15503100
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