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Wednesday, 22.May.2013, 23:22 (GMT+3)

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CSAV increases India-Europe rates US$200/TEU - $300/FEU from July 1

CHILE's major container carrier, CSAV, will levy an increase in rates on westbound containers from India to Europe and the Mediterranean by US$200 per TEU and $300 per FEU from July 1.

This matches Geneva's Mediterranean Shipping Company's (MSC) similar increase on the same route from July 1.

CSAV will also levy a $100 per TEU rate hike on trade from India to South America and the Caribbean at the same time.

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