GRI Roundup: Maersk Line and Emirates Shipping Line

Ocean carriers Maersk Line and Emirates Shipping Line issued general rate increases.

   Ocean carriers Maersk Line and Emirates Shipping Line issued general rate increases.
   Maersk Line will increase rates from:
     • China, Hong Kong, Indonesia, South Korea, Malaysia, the Philippines, Singapore, Thailand, Vietnam, Cambodia and Taiwan to Argentina, Brazil, Paraguay and Uruguay effective Jan. 1. For dry containers, rates will increase by $300 per TEU and $600 per FEU and 40-foot high cube containers; for reefer containers, rates will increase by $300 per TEU, FEU and 40-foot high cube containers; and for non-operating reefer containers, rates will increase by $300.
     • Far East Asia (excluding Japan) to the Mediterranean (excluding Syria) effective Jan. 1. Rates will increase be $1,200 per TEU and $2,400 per forty-foot container (FEU), 40-foot high cube container and 45-foot high cube for dry and reefer containers.
     • Far East Asia (excluding Japan) to Syria effective Jan. 1. Rates will increase by 1,100 euros per TEU and 2,200 euros per FEU, 40-foot high cube container and 45-foot high cube for dry and reefer containers.
     • Far East Asia (excluding Japan) to North Europe effective Jan. 1. Rates will increase by $1,200 per TEU and $2,400 per FEU, 40-foot high cube container and 45-foot high cube for dry and reefer containers. *Indonesia, Malaysia, the Philippines, Singapore, Thailand, Vietnam and Myanmar to Australia effective Jan. 20. Rates will increase by $150 per TEU and $300 per FEU and 40-foot high cube for dry containers.
   Emirates Shipping Line will increase rates from Jebel Ali, United Arab Emirates; Khor Fakkan, United Arab Emirates; Mundra, India; and Nhava Sheva, India to Zanzibar on all shipments effective Jan. 15. Rates will increase by $100 per TEU and $200 per FEU dry van and high cube containers.
   In addition, Emirates will increase rates from Karachi, Pakistan to Zanzibar on all shipments effective Jan. 15. Rates will increase by $200 per TEU and $400 per FEU dry van and high cube containers.