MAERSK Line has announced rate increases of US$80 per TEU and $100 per FEU from September for all contract rates expiring on August 31 on cargo from the US and Canada to the Far East.
But shipments bound for Cagayan de Oro (Phillipines), Jakarta (Indonesia), Surabaya (Indonesia), and Ho Chi Minh (Vietnam), will increase on August 1 as previously announced.
The remainder of bound for Far East destinations will postpone increases until September 1, equal to the amounts communicated previously.
Maersk Line will send out contract documents to sign in order to secure this new rate. If Maersk Line does not receive written agreement before the expiry of the applicable rate (August 31, 2018), then shipments tendered shall be charged at a higher rate until Maersk Line is able to obtain your written agreement, and has sufficient time to file that agreement with the US Federal Maritime Commission, the company said.
But shipments bound for Cagayan de Oro (Phillipines), Jakarta (Indonesia), Surabaya (Indonesia), and Ho Chi Minh (Vietnam), will increase on August 1 as previously announced.
The remainder of bound for Far East destinations will postpone increases until September 1, equal to the amounts communicated previously.
Maersk Line will send out contract documents to sign in order to secure this new rate. If Maersk Line does not receive written agreement before the expiry of the applicable rate (August 31, 2018), then shipments tendered shall be charged at a higher rate until Maersk Line is able to obtain your written agreement, and has sufficient time to file that agreement with the US Federal Maritime Commission, the company said.