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Italy freight rate update

by ChemOrbis Editorial Team - content@chemorbis.com
  • 27/03/2015 (11:08)
According to Aprile SpA in Bologna, Italy, freight rates between Northeast Asia and the Mediterranean have been downwardly revised for the remainder of March. Freight rates have gradually decreased compared with the higher levels seen at the beginning of March. New freight rates were reported at $800/container for 20’ containers and at $1500/container for 40’ containers effective as of March 18, 2015.

Sources stated that market players expect to see further decreases by the end of the month. Meanwhile, freight rates for April have already been announced for Mediterranean /USA markets and Mediterranean/Mexican markets with increases.

Freight rates in the table below will be valid until March 31, 2015:

FromTo Freight (USD/20” container) Freight (USD/40” container)
ShanghaiGenoa/La Spezia8001500
Yantian/ChiwanGenoa/La Spezia8001500
Jakarta Genoa/La Spezia 8001500
Laem Chabang Genoa/La Spezia8001500
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