Chilean freight rates to the Middle East have fallen to about the level of those from South Africa to that region, while on the route to India, last year's extreme difference has leveled off. "In principle, the same price now applies to freight from Chile and South Africa to India and likewise for freight from both countries of origin to the Middle East. That has never happened before. You can't explain it and the shipping companies can't give us a reason either. to give.
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Chilean freight rates to the Middle East have fallen to about the level of South Africa to that region, while on the route to India, last year's extreme difference has leveled off. "In principle, the same price now applies to freight from Chile and South Africa to India and likewise for freight from both countries of origin to the Middle East. That has never happened before. You can't explain it and the shipping companies can't give us a reason either. It just is," an industry source, who declined to be named, told FreshPlaza. He notes that South African freight rates have not fallen much and in some cases have actually risen. "The arrogant shipping companies tell us that the South Africa – Middle East line is the least profitable in the world. There are still weekly sailings to the Middle East, but we also have our own problems." He refers to the South African ports and specifically the low number of crane movements per hour, well below international levels, as well as the ...
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