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Italy freight rate update

by ChemOrbis Editorial Team - content@chemorbis.com
  • 15/02/2016 (15:47)
According to Aprile SpA in Bologna, Italy, freight rates between Northeast Asia and the Mediterranean have significantly declined, defying shipping companies’ expectations. New freight rates were reported at $300/container for 20’ containers and at $500/container for 40’ containers effective as of February 15, 2016.

Sources reported that freight rates are expected to follow a downward trend until the end of this month while freight rates are expected to increase as of March.

Freight rates in the table below will be valid until February 29, 2016:

FromTo Freight (USD/20” container) Freight (USD/40” container)
ShanghaiGenoa/La Spezia300500
Yantian/ChiwanGenoa/La Spezia300500
Jakarta Genoa/La Spezia 300500
Laem Chabang Genoa/La Spezia300500
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