EMTA AGREES TO RAISE NORTHBOUND RATES FROM TURKEY
Member lines of the Europe/Mediterranean Trade Agreement said they will raise their northbound rates from Turkey to northwest continent and Baltic ports by DM 50 ($23) per 20-foot container and DM100 ($46) for 40-footer, effective Nov. 26.
EMTA will also raise rates to U.K./Eire ports by '20 (about $29) per 20-foot and '40 ($57) per 40-foot container.
EMTA member lines include: ARMADA, AWS (Ellerman), CMA-CGM SA., Contazline, Hamburg Sud DG, Iscont, Kawasaki Kisen Kaisha Ltd. (“K” Line), Maersk Sealand, Mediterranean Shipping Co. SA., Navigation Maritime Bulgare, P&O Nedlloyd Ltd., Safmarine, Senator Lines and Zim Israel Navigation Co. Ltd.