MSC Hikes Rates from Asia to Europe

3/8/2010 10:09:42 AM

Mediterranean Shipping Company will raise rates and bunker charges on freight from Asia to Europe, effective April 1.   The company has announced it would continue its “rate restoration program” by applying an increase of $300 per 20-foot equivalent unit to all cargo from South East Asia, China, Hong Kong, Korea and Japan shipped to North West Continent, UK, Scandinavia and the Baltic region, the Mediterranean, including North Africa, Red Sea and Black Sea.   Exports from Asia to the Red Sea, West and East Mediterranean, Black Sea, UK, North West Continent, ScanBalt and North Africa will also be charged an additional $510 per TEU for the bunker contribution, effective April 1.   The Journal of Commerce Online

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