COPENHAGEN's Maersk Line plans to raise Asia-northern Europe rates US$1,000 per TEU from November 1, the company announced in a notice to trade
Maersk plans to raise Asia-Europe rates 429pc to US$1,000/TEU from November 1COPENHAGEN's Maersk Line plans to raise Asia-northern Europe rates US$1,000 per TEU from November 1, the company announced in a notice to trade, said Reuters.
The rate hike is 429 per cent more than current levels. According to the Shanghai Containerised Freight Index, rates from Asia to Europe stood at $233 per TEU - well below the loss-making level.