Loading…
CMA CGM will run its Indamex service via the Suez Canal on both legs between India/Pakistan and the US East Coast, with the first full loop sailing from Karachi on January 15. Xeneta data shows the Suez route cuts the full loop by two weeks to 77 days.
A structural return to Suez routing adds ship capacity and lowers container freight costs. This is a modest bearish signal for shipping rates that affect feed ingredient imports.
tradearabia.comCAIROMar 9, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
