Freight rates on India trades continue to cool amid demand challenges
The ongoing rate slide on Indian container trades is showing no sign of a reversal, according to the latest market analysis by Container News.
On the westbound India-Europe trade, average contract rates from West India [Jawaharlal Nehru Port (JNPT)/Nhava Sheva or Mundra Port] to Felixstowe/London Gateway (UK) or Rotterdam (the Netherlands) have dropped to US$1,000 per 20-foot
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