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    Hapag-Lloyd hikes rates US$300/TEU on Far East-Arabian Gulf cargo

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    Hapag-Lloyd hikes rates US$300/TEU on Far East-Arabian Gulf cargo
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    GERMAN shipping giant Hapag-Lloyd will increase rates US$300 per TEU on cargo from the Far East to the Arabian Gulf from August 1

    GERMAN shipping giant Hapag-Lloyd will increase rates US$300 per TEU on cargo from the Far East to the Arabian Gulf from August 1. The company's fleet of 230 ships of 1.6 million TEU transport annually 7.6 million TEU. Hapag-Lloyd has one of the world's largest and most modern reefer container fleets and operates global network of more than 130 liner services. The company employs 13,000 at 360 locations in 125 countries.

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