Bucking global pricing trends, Mediterranean Shipping Co. said it will raise rates on shipments from North Europe to the Far East as of Nov. 1.
The general rate increase it posted on its Web site is $100 whether for 20-foot containers or 40-foot containers.
MSC said the increase will apply to all cargoes (including waste products, such as paper, plastics, etc.) from all origins in Europe, including Northern Europe, the UK, Scandinavia, the Baltic, both the Western and Eastern Mediterranean and the Black Sea, to all destinations in the Far East, including China, Japan, Korea and Southeast Asia.
The Journal of Commerce Online
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