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Asia/South America carriers look for $700 increases in 2004

Asia/South America carriers look for $700 increases in 2004

   Shipping lines of the Far East/Brazil and River Plate Shipping Trade Discussion Forum, have announced freight rate increases of $500 per TEU, effective April 1, and a further $200 per TEU from July 1, 2004.

   The group covers the trade from Asia to destinations in the East Coast of South America,