date:Jun 27, 2016
ally low - one key Shanghai-based index says shipping costs have halved in two years.
The Shippers Council represents companies that use these ships such as Zespri, Fonterra and Enza.
Spokesman Mike Knowles was optimistic that an enlarged canal would keep freight rates low for longer.
It should be positive for all New Zealand shippers, he said.
Bigger ships are generally more efficient and have lower per unit costs.
Freight rates globally and out of New Zealand are very competive now and eve