India sea freight update 18/09/23

Nhava Sheva/Mundra/Tuticorin/Chennai/Kattupalli /Cochin and Ennore

• Ocean freight rates have increased from India to most EU and US Sectors
• There are no equipment shortages across Indian ports
• No congestion in transshipment points
• New Direct vessel has been launched from Chennai Ennore Terminal to EU which will lead to cutting down the transit time to some EU Ports
• There is port congestion in NHV and a delay in the GATE IN of containers to PORT from CFS

Upcoming holidays

• 19/09: Ganesh Chaturthi
• 02/10: Gandhi Jayanthi