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Italy freight rate update

by ChemOrbis Editorial Team - content@chemorbis.com
  • 12/11/2015 (11:44)
According to Aprile SpA in Bologna, Italy, freight rates between Northeast Asia and the Mediterranean have been revised downwards due to weak demand following hike attempts at the beginning of the month. New freight rates were reported at $450/container for 20’ containers and at $800/container for 40’ containers effective as of November 11, 2015. Sources reported that freight rates are expected to see further decreases in the upcoming period.

At the beginning of the month, freight rates from Italy to Far East decreased by $75/container for 20’ containers and by $125/container for 40’ containers. Freight rates from Italy to South Africa declined as well.

Freight rates in the table below will be valid as of November 11, 2015:

FromTo Freight (USD/20” container) Freight (USD/40” container)
ShanghaiGenoa/La Spezia450800
Yantian/ChiwanGenoa/La Spezia450800
Jakarta Genoa/La Spezia 450800
Laem Chabang Genoa/La Spezia450800
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