COSCO has announced a general rate increase of US$475 per TEU for all shipments from Far East (excluding Japan) and the India and Pakistan region to northwest Europe
Cosco ups Asia-Europe rate $475/TEU - $300/TEU from FE to Red Sea COSCO has announced a general rate increase of US$475 per TEU for all shipments from Far East (excluding Japan) and the India and Pakistan region to northwest Europe, the Mediterranean and west Africa from April 15.
Cosco also said it will increase rates for shipments from the Far East to the Red Sea and Persian Gulf by $300 per TEU and from the Far East to the Indian subcontinent by $200 per TEU.
