OOCL raising Asia-Oceania rates

Oceania

Wednesday, March 14, 2012

The liner carrier OOCL said Tuesday it plans to raise rates from Asia to Oceania from mid-April. The increase, $300 per TEU, applies to origins in north and east Asia to Australia and all of Asia (except for Japan) to New Zealand. “Currently, freight rates continue to be below the required level to cover basic operating or transportation costs in our Asia-New Zealand services,” the line said in a statement....

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