Tag: shipping delays Red Sea
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India-bound scrap container freights remain firm w-o-w on Atlantic route; Pacific rates under pressure
Freight sentiment volatile amid bunker fluctuations Cautious demand sentiment amid subdued imports Container freight market sentiment remains mixed across regions, with Pacific basin rates witnessing some correction while Atlantic basin pricing continues to strengthen. Overall freight levels across major trade lanes remain supported by elevated operational costs and fuel-related surcharges, while ongoing Red Sea and…