India-Europe liners abruptly drop rates amid weakening cargo prospects

After raising rates in anticipation of higher volumes, several top carriers have now dropped spot booking rates from West India to North Europe by between $300 to $500 per container, according to freight forwarder sources in Mumbai.

Mar 11, 2025 - 21:49
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India-Europe liners abruptly drop rates amid weakening cargo prospects
After raising rates in anticipation of higher volumes, several top carriers have now dropped spot booking rates from West India to North Europe by between $300 to $500 per container, according to freight forwarder sources in Mumbai.