Maersk Line Adds $775 to Asia-Europe Rates

2/1/2012 9:09:40 AM

Maersk Line is moving to take rate increases on Asia-Europe lanes to a higher level, announcing a $775 increase in pricing effective March 1 that would push the rate to more than double the current spot market price. The Danish carrier said the general rate increase will be applied to all dry and reefer cargo shipped from any Asian port to destinations in North Europe and the Mediterranean. OOCL also announced a GRI of $200 per container moving from North Europe to Asia, effective Feb. 15. The Journal of Commerce Online

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