MSC increases rates on farm produce from US to Asia

9/10/2007 11:56:00 AM

MEDITERRANEAN Shipping Company (USA) has announced a general rate increase of US$80 per TEU and $100 per FEU container on agricultural products from US origins to Far East destinations effective October 1. The Geneva-based shipping line announced in a statement issued from New York that "increased operational costs and changing market conditions have made this rate adjustment necessary". MSC operates more than 318 container vessels. Asian Shipper News

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