Ningbo Shipping Exchange: This week, the freight rate index for the India-Pakistan route is 1543.8 points, a decrease of 23.0% from last week.
On September 12th, according to the information from Ningbo Shipping Exchange, this week, the Ningbo Export Container Freight Index of the Maritime Silk Road Index reported a closing price of 903.3 points, a decrease of 11.7% from the previous week. Among the 21 routes, 4 routes saw an increase in freight rates while 17 routes saw a decrease. Among the main ports along the "Maritime Silk Road", one port saw an increase in freight rates while 15 ports saw a decrease. In addition, there was significant volatility in the market on the India-Pakistan route this week: the continuous weakening of market demand due to a 50% tariff on Indian exports to the US, while capacity remained high, leading to a significant drop in freight rates. The freight index for the India-Pakistan route was 1543.8 points, a decrease of 23.0% from the previous week.
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