Ocean carriers announce rate hikes, EBA on Asia trades

Mediterranean Shipping Company (MSC) plans to impose general rate increases on the Asia-Europe trade lane effective December. The Geneva-based carrier said the rate hikes…

COSCO sets new EBAs for Asia-South America/South Africa shipments

China’s COSCO Container Lines has announced emergency bunker adjustments (EBAs) for its Asia trade lanes effective early 2012. COSCO is imposing an EBA on…