SOMETHING like the old normal regarding freight rate fluctuations has returned to Drewry’s World Container Index throughout November. Year-on-year rates are shockingly extreme, but the composite index rates have fallen 43 per cent, while week to week, it fell two per cent to US$1,467/FEU. The most extreme annual change was the Shanghai-Genoa rates with its 57 per cent drop and only a one per cent slip week to week at $1,449/FEU. Big differences appeared between headhaul and backhaul on the...
https://www.seanews.com.tr/drewry-charts-a-course-to-an-old-normal-in-freight-rates/198927/