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COSCO assesses container imbalance fee

COSCO assesses container imbalance fee

   COSCO Container Lines said Wednesday it will assess a container imbalance fee for all shipments from Mainland China to Southeast Asia.

   The fee is 600 RMB ($88) per TEU, and goes into effect Aug. 1.

   The Beijing-based line earlier this week announced a similar charge ($100 per TEU) from Chittagong to Europe.