Independent journal on economy and transport policy
19:38 GMT+2
Asia freight rates expected to keep rising due to Panama Canal's lower draft limit
(Shipping Times)
March 6, 1998
[TAIPEI]
Asia freight rates are expected to go on rising sharply due to an expected draft restriction at the Panama Canal, shipping brokers in Taiwan said on Wednesday.
Shipping brokers said the panamax-class freight rate between the US Gulf of Mexico and Japan, the benchmark for Asian grain shipments, had risen sharply in recent days.
The March rate for the ...... Read more on Shipping Times
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