Box lines to impose GRIs, fees on Far East shipments

Several container ship operators have announced plans to bolster freight rates this month and the next. Cosco Container Lines announced a rate restoration for…

MSC to levy rate hikes on Asia services

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…

Ocean freight carriers announce rate hikes on Asia trade

Global box ships are poised to enforce rate hikes on Asia services starting August. Hapag-Lloyd announced more general rate increases (GRIs), all effective from…