Freight rates rise on India-Europe lane

India-Europe freight rates are reportedly soaring, with spot container rates reaching between 50-60% this December, as per reports. Carriers are actively managing capacity on the route through blank sailings and service adjustments. Blank sailings, or cancelled voyages, persist at 8-10% of scheduled capacity on Asia-Europe routes, with Drewry tracking 64 cancellations out of 719 planned sailings over the next five weeks through early January 2026. These moves, concentrated on Transpacific and Asia-Europe corridors, help carriers maintain high utilisation rates and facilitate hikes, as per a report. 

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