Geneva-based carrier Mediterranean Shipping Company (MSC) released a series of bulletins on general rate increases (GRIs) affecting its Asia loops.

From August 15, MSC said a GRI of US$500 per 20-foot equivalent unit (TEU) will be imposed on all export cargo from Asia to South America East Coast.

From September 1, rate hikes will also be implemented on Asian cargo exported to New Zealand, the United States and Puerto Rico.

The new rate for New Zealand will be higher by $300 per TEU.

For shipments to the U.S. West Coast and Puerto Rico, rate increases are as follows: $400 per TEU, $500 per 24-foot equivalent unit, and $550 per 40-foot high-cube container.

In addition, there will be a peak season surcharge (PSS) for the Southeast Asia-Australia trade of $300 per TEU. The PSS starts September 15.

 

Photo: jdnx

You May Also Like

Box port industry expected to see solid profit in 2019 despite softer demand

The global container port demand growth rate is expected to soften, down from an estimated 4.7% in 2018 to just over 4% in 2019,…

Lorenzo Shipping to buy containership

A  container vessel capable of carrying 510 twenty-foot equivalent units will join Lorenzo Shipping Corp’s (LSC) fleet by end 2012. The publicly listed Philippine…

PH solon demands probe of domestic ships after Ormoc tragedy

Senator Paolo Benigno Aquino IV is urging the Upper House to look into the seaworthiness of domestic vessels following the recent sea mishap involving…

Dutch company wins contract for Tanjung Priok port expansion

Royal HaskoningDHV, an Amersfoort, The Netherlands-based consultancy and project manager, has won a multimillion-dollar contract to supervise the initial expansion of the Tanjung Priok…