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Italy freight rate update

by ChemOrbis Editorial Team - content@chemorbis.com
  • 16/02/2015 (15:54)
According to Aprile SpA in Bologna, Italy, freight rates between Northeast Asia and the Mediterranean have been announced for February. After being upwardly revised at the start of February, freight rates decreased due to expectations of weaker demand during Chinese New Year holidays. New freight rates were reported at $1425/container for 20’ containers and at $2700/container for 40’ containers effective as of February 14, 2015.

Sources stated that freight rates for March have already been announced for Mediterranean /USA markets and the Mediterranean/Mexican markets with increases because of the weaker euro against the US dollar. Freight rates in the table below will be valid until February 28, 2015:

FromTo Freight (USD/20” container) Freight (USD/40” container)
ShanghaiGenoa/La Spezia14252700
Yantian/ChiwanGenoa/La Spezia14252700
Jakarta Genoa/La Spezia 14252700
Laem Chabang Genoa/La Spezia14252700
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