Shipping cost decreases “5-8″%

The Alexandria Navigation Chamber revealed, during its last meeting, that the prices of two shipping lines decreased by rates ranging between 5-8% during the second quarter of this year, including the months of April, May and June. The Alexandria Navigation Chamber, in accordance with a cooperation protocol signed with the Ministry of Finance, prepares a quarterly indicative statement and submits it to the Egyptian Tax Authority, with the average values ​​of marine freight services performed on messages received from all countries of the world, regardless of the situation in which they are received to all ports of the Republic.According to the Chamber of Shipping publication, the average price of sea freight for containers coming from South and East Asia including “Singapore, Indonesia, Malaysia, the Philippines, Vietnam, Cambodia, Thailand, Myanmar, as well as China, Japan and Korea” to the port of Alexandria, amounted to $ 7,000 for a 40-foot container. , up from $10,000, and $4,600 for a 20-foot container, down from $5,463 for a 20-foot container during the previous three months.As for the ports of Damietta and Port Said, it amounted to 4,300 dollars per container, after it was about 7,695 dollars during the last three months, and 6,700 dollars, after it was about 9,975 dollars for a 40-foot container, and the refrigerator container, its transportation price reached 10 thousand dollars after it was about 10.45 thousand dollars. The port of Sokhna settled at $3,400, after it was $4,798 for a 20-foot container and $4,500 after it was about $7,600 for a 40-foot container.As for the containers coming from the Arab Gulf countries, especially from the UAE port of Jebel Ali, Dammam, Saudi Arabia, Kuwait and Bahrain, the average price of transporting a container to the port of Alexandria amounted to 1853 dollars for a 20-foot container, and 2803 dollars for a 40-foot container, and to the ports of Damietta and Port Said, so the freight price reached 1853 $3064 for a 20-foot container and $3,064 for a 40-foot container, and to the port of Sokhna, it will reach $1,700 after it was about $1948 for a 20-foot container.According to the Alexandria Navigation Chamber’s publication, the shipping rates for the Red Sea ports, which include the ports of Saudi Arabia, Yemen and Sudan, the average price for transporting a container to Port Said and Damietta ports amounted to 1425 dollars for a 20-foot container, 1615 dollars for a 40-foot container, and 950 dollars for a 20-foot container, after that. It was $1,283 per container over the past three months.The average price of the sea transport freight for containers coming from Northern Europe, which includes the Netherlands, England, Germany, France, Belgium, passing through Norway, Sweden, Denmark, Poland, and Finland, has stabilized. Dollars for a 40-foot container, and a 20-foot refrigerator container, the price of transporting it is 1710 dollars, and 2000 dollars for a 40-foot refrigerator container.As for the transportation of Port Said and Damietta ports, the average transportation price for a 20-foot container reached $400 for a 20-foot container, $500 for a 40-foot container, $1,710 for a 20-foot container refrigerated, and $2000 for a 40-foot container refrigerated. As for the transport of containers from the eastern Mediterranean region – the Black Sea, which includes Turkey, Israel, Lebanon, Syria, Romania, Russia, Ukraine and Portugal, to the port of Alexandria, it reaches 800 dollars for a 20-foot container, 1,400 dollars for a 40-foot container, and 1425 dollars for a 20-foot container, 1805 $450 for a 40-foot container, $450 for a 20-foot container for Port Said and Damietta ports, $350 for a 40-foot container, $1235 for a 20-foot container, and $1,425 for a 40-foot container of a refrigerator.