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SEA Freight Rate Update

by ChemOrbis Editorial Team - content@chemorbis.com
  • 30/10/2014 (11:56)
Global Logistics Services in Ho Chi Minh City, Vietnam, has announced freight rates from Ho Chi Minh City to other major shipping destinations in Asia, Europe and the Middle East for November 2014.

Freight rates for 20’ containers from Ho Chi Minh City to Shanghai, China were reported at $50/container while rates to Thailand stand at $20/container, both stable from initial October levels. Freight rates from Ho Chi Minh City to Indonesia are reported at $200/container for 20’ containers, also steady from October. Freight rates to Malaysia are also unchanged at $100/container.

For destinations further west, freight rates from Ho Chi Minh City to Nhava Sheva, India for a 20’ container were reported at $550/ container, up $50/ container from initial October levels. Rates to Mersin, Turkey are quoted at $1850/container, up $100/container from October. Meanwhile, November rates for 20’ containers from Ho Chi Minh City to Hamburg and Rotterdam in Northwest Europe stand at $1700/container, up $500/container from October.

Shipments to China, Thailand, Indonesia and Malaysia are also subject to a $45/container emergency bunker surcharge. These rates will be valid until November 30, 2014.
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