PUBLISHER: Container News (container-news.com)
With the exception of intra-Asia trades, average container freight rates for all key trades out of India have either softened or seen no changes this month, from the levels maintained by major carriers in June, according to new industry data collected by Container News.
On the westbound India-Europe trade, rates from West India [Jawaharlal Nehru Port (JNPT)/Nhava Sheva or Mundra Port] to Felixstowe/London Gateway (UK) now stand at around US$5,250/20-foot container and US$5,950/40-foot container, down from US$6,000 and US$7,150, respectively, last month.