MSC raises north Europe, Asia, Africa, NZ rates US$150/TEU April 1
Geneva's Mediterranean Shipping Company (MSC) has announced a number of general rate increases on its main trade lanes in Europe, Asia, Africa and New Zealand.
It is introducing a general rate increase (GRI) on all dry cargo, including waste, from north Europe, Scandinavia, the Baltic, the UK and Ireland to the Far East, including Japan, from April 1. The rate hike will be US$150 per TEU and $300 per FEU.
Also effective April 1 is a $300 per TEU increase will be introduced on its Cheetah service. The move will affect cargo loaded at ports in Asia and carried to South Africa, Indian Ocean, Mozambique and East Africa.
As for its Asia-New Zealand routes, the Swiss shipping line is implementing a rate increase from the same date of $250 per TEU.
In another development, the removal of container shipping capacity is continuing to limit space with MSC as it blocks export bookings from container shipping service from NWC/Scandinavian and Baltic ports to Asia, India, the Middle East and Red Sea until the first week of April, it said.
Geneva's Mediterranean Shipping Company (MSC) has announced a number of general rate increases on its main trade lanes in Europe, Asia, Africa and New Zealand.
It is introducing a general rate increase (GRI) on all dry cargo, including waste, from north Europe, Scandinavia, the Baltic, the UK and Ireland to the Far East, including Japan, from April 1. The rate hike will be US$150 per TEU and $300 per FEU.
Also effective April 1 is a $300 per TEU increase will be introduced on its Cheetah service. The move will affect cargo loaded at ports in Asia and carried to South Africa, Indian Ocean, Mozambique and East Africa.
As for its Asia-New Zealand routes, the Swiss shipping line is implementing a rate increase from the same date of $250 per TEU.
In another development, the removal of container shipping capacity is continuing to limit space with MSC as it blocks export bookings from container shipping service from NWC/Scandinavian and Baltic ports to Asia, India, the Middle East and Red Sea until the first week of April, it said.