OOCL ups Japan/China-NZ rate US$250/TEU - $150/TEU from Singapore
HONG KONG's Orient Overseas Container Line (OOCL) has announced a US$250 per TEU increase in freight rates for cargo from Japan, Korea, China, Taiwan and Hong Kong bound for New Zealand starting July 1
Rates will also be increased US$150 per TEU at the same time for cargo from Singapore, Indonesia, Malaysia, Philippines, Thailand and Vietnam bound for New Zealand.
OOCL said the increase has been introduced to "ensure the continued provision of quality services and sufficient capacity to cater to customer requirements".