OOCL, Zim to push for higher Asia-Europe rates

9/28/2012 12:00:43 PM

OOCL said it plans to increase rates by $525 per TEU on shipments from Asia (including the Indian Subcontinent and Middle East) to Northern Europe, the Mediterranean and Black Sea from Nov. 1. Zim said it would seek increases of $500 per TEU on the trade, also on Nov. 1 The proposed increases come as forward prices in the fledgling container derivatives market look set to trend down by about 10 percent from current levels to November to about $1,025 per TEU from Asia to Northern Europe and $1,050 per TEU to the Mediterranean.  American Shipper

RELATED NEWS

Zim ends role in Asia-Europe trade, but builds on Asia-South America (6/4/2014 9:19:32 AM) "Zim Tianjin", the largest container vessel ever to call at Israeli ports (6/2/2014 10:38:11 AM) ZIM details Latin America, Caribbean services (5/22/2014 8:59:11 AM) Zim announces changes in U.S.-Mediterranean services (5/15/2014 9:23:41 AM) Zim Upgrades Cooperation With G6 Alliance on Asia-PNW Route (5/10/2014 9:39:15 AM) ZIM renews Paraguay services in new barge service connection (1/13/2014 9:17:57 AM) Hanjin, CMA CGM, Zim, Maersk raise Asia-Europe rates (1/7/2014 8:43:56 AM) OOCL, Hapag-Lloyd, MISC, NYK cancel Asia-Black Sea express service (12/13/2013 10:59:07 AM) ZIM in talks to expand G6 Asia-US partnership (12/5/2013 9:47:00 AM) Zim hikes Asia-Europe rate US$950/TEU after OOCL, Hanjin do likewise (10/10/2013 9:35:49 AM)

OTHER NEWS

Hanjin to depart Hapag's Med-Montreal loop (9/28/2012 11:59:55 AM) CKYH freezes Far East-US east coast AWE6 service through winter season (9/26/2012 10:54:09 AM) Maersk hiking Asia-C.America rates (9/26/2012 10:53:29 AM) CIMC orders four 9,200 TEU ships (9/25/2012 10:30:41 AM) Georgia's Savannah posts 13.8pc increase to 270,610 TEU in August (9/25/2012 10:29:46 AM) ILA okays 90-day truce, ends immediate fear of US east coast dock strike (9/25/2012 10:28:57 AM) Hong Kong offers 50 per cent reduction in port fees for clean fuel use (9/24/2012 11:07:10 AM) Maersk to Launch India-Mediterranean Service (9/21/2012 11:20:21 AM) OOCL expands Russian feeder services to link Germany and St Petersburg (9/21/2012 11:19:21 AM) Maersk Line to use new eastern terminal of JadeWeserPort, Wilhelmshaven (9/21/2012 10:58:24 AM)

COMMENTS

Your comment

Content: Email / Name / Tel:

The most comprehensive and easy-to-use global marine weather application

With the Courtesy of Bao Hoang Yachts Co. Click "HERE" to get your own 30day free trail or contact Ms Phuong Bui at Vietnam Shipper: phuongbq@vil.com.vn / 08.39330 148