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Market Rates keep Stable Basically

Apr 16,2008 by JC LOGISTICS

  1. South East Asia: export volume is contiuously growing up. But the rates remain the same as last week. Some carriers have tight space such as OOCL, CNC and PIL.
  2. Middle East and Red Sea: Most of the carriers' rates remain the same as last week. HMM reduced their rates by USD25/TEU since Apr. 14.
  3. Europe and Mediterraneans: plenty of space available. Some carriers reduced their rates. CSCL reduced by USD35/TEU and USD10/TEU for Europe Base Ports and Western ports of Mediterraneans Sea.
  4. Oceania: rates keep unchanged.
  5. Africa: a lot of space available. MOL reduced the rates by USD25/TEU.
  6. North America: rates are as same as in last week.
  7. Caribbean Sea and Latin America: rates remain unchanged.

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