ARA Freight Rate adjustments 2024

With new regulations taking effect from July 1, 2024 regarding ‘open degassing’ in ARA, Insights Global is taking the opportunity to adjust its reporting and format of the ARA CPP Barge Freight Rate report.

Markets are evolving with larger vessels active in the spot market, changing liquidity in routes and increasing demand for more transparency in the valuation of cargo and vessels.

As a result, Insights Global is proposing to change its current ARA freight rate reporting starting on July 1st, 2024.