16 October 2008 17:52 [Source: ICIS news]
LONDON (ICIS news)--Freight rates for 5,000 tonne shipments on transatlantic routes remained at levels of $64-69/tonne (€47-50/tonne) westbound and $63-66/tonne eastbound, shipping brokers said on Thursday.
One broker believed that the current pricing trend would be in place throughout October as the US Gulf continued to recover from Hurricane Ike.
“November may see the market begin to soften but these prices will be accurate for October loading,” the source said.
However, according to one
Freight rates rose in the region of $15/tonne after Hurricane Ike hit the US Gulf region in September.
The hurricane closed chemical plants and caused damage throughout the
($1 = €0.74)
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