Tag: bunker fuel prices
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India-bound scrap container freight rates firm on tight supply, longer transit times
Geopolitical disruptions support scrap container rates Tight containers, longer transit support overall sentiment Container freight market for ferrous scrap imports into India remains firm overall, supported by extended transit times, reliance on transshipment services, and tight availability of heavy 20-ft containers amid ongoing Red Sea rerouting disruptions and continued logistical inefficiencies across global trade lanes.…