MSC Hikes Portugal-to-US Freight Rates

6/16/2011 10:00:06 AM

Mediterranean Shipping Co. is raising its freight rates on all export containers shipped from Portugal to the U.S. as of July 7.   MSC said the general rate increase is necessary to meet the “continuous raise of fuel, port costs and chartering.”   The increase is the latest in a series of rate increases in both directions on the trans-Atlantic that the Geneva-based carrier has announced since the beginning of the year.   The planned increases are $200 per 20-foot container and $300 per 40-foot container.   The Journal of Commerce Online

RELATED NEWS

MSC starts India-US east coast service in June deploying 2,500-TEUers (5/17/2014 8:49:47 AM) Hamburg Sud to join MSC's Asia-S Africa-ECSA service, Ipanema (4/26/2014 8:22:15 AM) 9,403-TEU MSC Azov and 8,772-TEU MSC Adelaide delivered (1/3/2014 8:51:00 AM) CIMC to build five 8,800-TEU ships for MSC (7/26/2013 10:18:06 AM) Top three lines form alliance on routes (6/19/2013 8:25:09 AM) Drewry: Maersk, MSC, CMA CGM in Best Position in Pacific (6/6/2013 9:01:02 AM) MSC to start new service to Dominican Republic (5/23/2013 8:29:15 AM) MSC Eyes Asia-Europe Rate Hike (5/20/2013 10:52:17 AM) MSC's Far East-Australia Rates Set for Mid-May Hike (4/18/2013 9:59:11 AM) MSC to stop Europe-to-Asia bookings (3/7/2013 11:07:13 AM)

OTHER NEWS

Grand China Shipping adds Pusan call (6/15/2011 9:52:56 AM) Zim plans hefty rate hike on Asia-South America trade (6/15/2011 9:52:32 AM) Zim increases Asia-Europe rate (6/15/2011 9:52:09 AM) ZIM announced realignment of ZCS service (6/14/2011 10:00:11 AM) CSAV Suspends Trans-Pacific Loop Service (6/14/2011 9:59:07 AM) Hong Kong Box Volume Flat in First Quarter (6/13/2011 9:58:31 AM) Zim to raise westbound transatlantic rates (6/13/2011 9:57:38 AM) Container Services Resume at Port of Sendai (6/11/2011 10:16:57 AM) French line to hike rates as Asia-EU bites (6/10/2011 10:22:43 AM) AFL Short-Sea Service to Launch Next Week (6/9/2011 10:07:56 AM)

COMMENTS

Your comment

Content: Email / Name / Tel:

The most comprehensive and easy-to-use global marine weather application

With the Courtesy of Bao Hoang Yachts Co. Click "HERE" to get your own 30day free trail or contact Ms Phuong Bui at Vietnam Shipper: phuongbq@vil.com.vn / 08.39330 148