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.