Shipping Corpn hikes rates to Europe

7/5/2012 10:32:02 AM

Shipping Corporation of India has announced a freight hike of US$200 for a TEU bound from India to Europe to meet the soaring operational costs, according to industry sources, reported The Hindu. The increase, which comes into effect immediately, will apply to all shipments bound for North Europe, the UK, the Mediterranean and the Black Sea region, the sources added.   Cargonews Asia

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