Med/Middle East carriers raise rates
Shipping lines of the Mediterranean Arabia Conference plan to raise rates for shipments from the Mediterranean to the Middle East Gulf, Jeddah and Iran by $100 per 20-foot container and $150 per 40-footer, effective Nov. 1.
The conference said the increased rate levels would be valid until Feb. 28.
Carriers of the Mediterranean Arabia Conference are: CMA CGM, Maersk Sealand, Messina Line, Norasia, Safmarine and United Arab Shipping Co.