Project Shipping Rates to Surge in 2025 Amid Tonnage Shortage

Project Shipping Rates to Surge in 2025 Amid Tonnage Shortage

The outlook for the project transport market in 2025 is optimistic, with strong demand for project cargo leading to rising freight rates amidst tight supply. Project transport charter rates are expected to increase by 10-20%, while general cargo rates may rise by 1-7%. The global trade environment continues to be influenced by geopolitical factors and the U.S. election, therefore, it is essential to keep an eye on industry dynamics.

NZD to USD Rate Holds at 25 Amid Market Trends

NZD to USD Rate Holds at 25 Amid Market Trends

The real-time exchange rate for 25 New Zealand dollars to US dollars is 14.90 USD, which means 1 NZD is approximately 0.596072 USD. Exchange rates are volatile and influenced by various factors such as market conditions, economic situations, and political events. Understanding the actual fees is crucial for currency exchange.