Maersk, MSC announce GRIs

Friday, March 22, 2013

Maersk Line on Friday said it will raise freight rates April 15 from Asia (excluding Japan) to European destinations by $500 per TEU, while its rates to Syria will be raised 385 euros per TEU. “The prevailing freight rates from Asia to North Europe and the Mediterranean make it unsustainable and financially unviable to offer our current range of services and consistently high schedule reliability,” Maersk said. Mediterranean Shipping Co. said ...

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