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Major Ocean Carriers to Boost India-US Rates

6/12/2010 10:42:04 AM

Effective June 15, China Ocean Shipping Co. will apply a peak-season surcharge for all cargo shipped from India to the United States and Canada.  The surcharges will be $320 per 20-foot, $400 per 40-foot, $450 per 40-foot high cube, and $506 per 45-foot container.
 
Maersk Line, the largest carrier to and from India, will also impose a similar surcharge on the route, starting July 1 until further notice.
 
The planned surcharges will be $340 per 20-foot, $425 per 40-foot, $480 per 40-foot high cube, and $540 per 45-foot container.
 
The Danish carrier said the surcharges will apply on all cargo including reefer destined for ports in the United States, Canada and Guam.
 
Safmarine, a subsidiary of Maersk Line, also issued a trade notice, announcing similar surcharges.

 

The Journal of Commerce Online

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