Federation of Indian Export Organisations (FIEO)

CN analysis: Freight rates out of India continue to slide amid persistent demand woes

Container freight rates on trades out of India have continued to drop in October amid export trade growth challenges, according to an analysis of market data by Container News.

On the westbound India-Europe trade, average spot rates for loads from West India [Jawaharlal Nehru Port (JNPT)/Nhava Sheva or Mundra Port] to Felixstowe/London Gateway (UK) or Rotterdam in April have sunk to US$2,300 per 20-foot container and US$2,500 per 40-foot container, from US$4,100 and US$4,300, respectively, at...

https://container-news.com/cn-analysis-freight-rates-out-of-india-continue-to-slide-amid-persistent-demand-woes/

Market Analysis: Container rates on trades out of India continue to soften amid weakening demand

Container freight rates on the main trades out of India have continued to cool in September as the pace of exports slowed, according to an analysis of market data by Container News.

On the westbound India-Europe trade, average spot rates for loads from West India [Jawaharlal Nehru Port (JNPT)/Nhava Sheva or Mundra Port] to Felixstowe/London Gateway (UK) or Rotterdam in April have decreased to US$4,100 per 20-foot container and US$4,300 per 40-foot container, from US$4,800 and US$5,000,...

https://container-news.com/market-analysis-container-rates-on-trades-out-of-india-continue-to-soften-amid-weakening-demand/

India-Europe FAK rates heading to new highs as shippers scramble for space

Indian exporters sending goods to Europe are set to face significantly higher freight rates next month, as container lines already have their vessels overbooked for the upcoming weeks.

Carriers have successfully pushed spot rates and freight-all-kinds (FAK) rates up, after seeing some softening trends from the Red Sea crisis-induced spikes a couple of months ago.

The latest announcements by major carriers for August will take FAK rates from India to North Europe to over US$5,500 per container,...

https://container-news.com/india-europe-fak-rates-heading-to-new-highs-as-shippers-scramble-for-space/

CN analysis: Container freight rates out of India on major trades see gains as capacity tightens

Container freight rates on trades out of India have begun to rebound after recent downward corrections from the Red Sea crisis-linked highs, according to an analysis of market data for June by Container News.

On the westbound India-Europe trade, average short-term contract rates for bookings from West India [Jawaharlal Nehru Port (JNPT)/Nhava Sheva or Mundra Port] to Felixstowe/London Gateway (UK) in April have climbed to US$3,100 per 20-foot container and US$3,200 per 40-foot container, from...

https://container-news.com/cn-analysis-container-freight-rates-out-of-india-on-major-trades-see-gains-as-capacity-tightens/

CN analysis: Freight rate slide on trades out of India continues as exporters bet on new fiscal year

Container freight rates on trades out of India have continued to soften from the Red Sea crisis-driven highs, according to the latest market analysis by Container News.

On the westbound India-Europe trade, average short-term contract rates for 20-foot container bookings from West India [Jawaharlal Nehru Port (JNPT)/Nhava Sheva or Mundra Port] to Felixstowe/London Gateway (UK) in April have cooled to US$2,700 per 20-foot container and US$2,800 per 40-foot container, down from US$2,750 and...

https://container-news.com/cn-analysis-freight-rate-slide-on-trades-out-of-india-continues-as-exporters-bet-on-new-fiscal-year/

CN analysis: Freight rates on trades out of India on reverse track after Red Sea-driven upswing

Container freight rates on trades out of India have begun to cool after the Red Sea crisis-driven rocketing, according to the latest market analysis by Container News.

On the westbound India-Europe trade, average short-term contract rates for 20-foot container bookings from West India [Jawaharlal Nehru Port (JNPT)/Nhava Sheva or Mundra Port] to Felixstowe/London Gateway (UK) have dropped to US$2,750 per 20-foot container and US$3,100 per 40-foot container, down from US$3,600 and US$3,900,...

https://container-news.com/cn-analysis-freight-rates-on-trades-out-of-india-on-reverse-track-after-red-sea-driven-upswing/

Indian box volumes tick up despite Red Sea-linked supply chain disruption

Containerised trade through India’s major and minor private ports saw measurable traction last month, according to exclusive port data obtained by Container News.

Combined volumes hit nearly 1.9 million TEUs in February, up nearly 5% from 1.8 million TEUs in January.

Of this, Adani Group-owned Mundra Port accounted for 635,000 TEUs in February, compared with some 618,000 TEUs in the prior month.

Nhava Sheva Port (JNPA), the busiest public container handler, contributed about 565,000 TEUs, rising...

https://container-news.com/indian-box-volumes-tick-up-despite-red-sea-linked-supply-chain-disruption/

CN analysis: Freight rates on major Indian trades see downward corrections after January highs

After spiking dramatically amid the Red Sea crisis-linked shipping disruption, container freight rates seen on trades out of India have held firm or even declined in some cases in February, month-on-month, according to the latest market analysis by Container News.

On the westbound India-Europe trade, average short-term contract rates for 20-foot container bookings from West India [Jawaharlal Nehru Port (JNPT)/Nhava Sheva or Mundra Port] to Felixstowe/London Gateway (UK) have been steady at...

https://container-news.com/cn-analysis-freight-rates-on-major-indian-trades-see-downward-corrections-after-january-highs/

CN analysis: Demand pressure continues to stall rate recovery on trades out of India

With the exception of trades to Europe and the Mediterranean, container freight rates out of India have seen no noticeable recovery signs for carriers, according to the latest market analysis by Container News.

On the westbound India-Europe trade, average short-term contract rates from West India [Jawaharlal Nehru Port (JNPT)/Nhava Sheva or Mundra Port] to Felixstowe/London Gateway (UK) or Rotterdam (the Netherlands) have risen to US$650 per 20-foot container and US$700 per 40-foot container,...

https://container-news.com/cn-analysis-demand-pressure-continues-to-stall-rate-recovery-on-trades-out-of-india/

MSC junks India-US rate push as market stays soft despite peak season expectations

Mediterranean Shipping Co. (MSC) has cancelled rate increase activity that was to have begun on 15 August on the India-US trade lane.

The previously-published trade notices announced a US$500 per container hike each in the form of peak season surcharges (PSS) and general rate increases (GRI) for shipments from India to the US (all coasts) and San Juan (Puerto Rico).

The Geneva-based carrier had said the hikes were necessary “to maintain the high level of reliability and efficiency of its services...

https://container-news.com/msc-junks-india-us-rate-push-as-market-stays-soft-despite-peak-season-expectations/

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