MSC Hikes India-Europe Rates

2/26/2011 10:04:10 AM

Mediterranean Shipping Company announced a general rate increase on the westbound trades from India to Europe and the Mediterranean, the second GRI this year.   Starting March 1, the planned increase will be $200 per 20-foot equivalent unit.   The GRI will apply to all cargo moving from India to North Europe, the United Kingdom, East/West Mediterranean and Black Sea ports.   The Geneva-based carrier earlier raised rates on the route with a GRI of the same amount that took effect as of Feb. 1.   The Journal of Commerce Online

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