Drewry: Box Rates on East-West Routes above 5-Year Average

Spot container freight rates on the major East-West routes reached a 20-month high this week and have risen above the average of the last 5 years, according to shipping consultancy Drewry.

Drewry: Chemical Tanker Rates to Stay Solid

Due to a rising production capacity in key exporting countries, chemical tanker shipping freight rates are expected to remain firm over the medium term, according to shipping consultancy Drewry.