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OOCL Announces Surcharges

11/21/2012 10:18:24 AM

Ocean carrier Orient Overseas Container Line followed CMA CGM in announcing a rate restoration program for December and a peak-season surcharge for January in the run-up to the Chinese New Year.

 

Effective Dec. 15, freight rates for westbound traffic from the Far East (including Japan), Indian subcontinent and the Middle East will increase by $550 per 20-foot-equivalent unit to North Europe, and $650 per TEU to the Mediterranean and Black Sea.

 

For the same westbound coverage, a peak-season surcharge of $350 will be implemented on Jan. 10.

 

The Journal of Commerce

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