MSC rate up US$480/TEU to USWC, $640/TEU to EC from Dec 15

News was prepared under the information support of Online Daily Newspaper on Hellenic and international Shipping "Hellenic Shipping News".

19 Nov 2010

Geneva's Mediterranean Shipping Co plans to introduce a general rate increase on all containers transported from Asia to the US west and east coasts from December 15. The shipping line said it is raising rates "in a response to the recent market rate deterioration and to follow the initial two-year step cost recovery programme". The hikes for containers from Asia to US east coast ports and to US intermodal points moving through or via US east coast ports are: US$640 per TEU, $800 per FEU and $900 per 40-foot high-cube.
The hikes for containers transported from Asia to US west coast ports and to US intermodal points moving through or via US west coast ports are: $480 per TEU, $600 per FEU and $675 per 40-foot high-cube.

Source: Sched Net