Maersk has also announced a rate increase on cargo from the Middle East bound for the US and Canada of US$400 per TEU, $500 per FEU, $500 per FEU high cube and reefer and $575 per 45-footer from September 1.
Maersk Line will also raise rates United States and Canada to Philippines $250 on reefer cargo (frozen meats) per FEU starting September 1.
Maersk said the increase applies to all contract rates expiring on August 31.