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DENMARK's Maersk Line, the world's largest container carrier, will increase rates from the Far East to Caribbean starting June 15.
Rates will rise US$980 per TEU and $1,400 per FEU and 40-foot high-cube from Hong Kong, Indonesia, Japan, South Korea, Malaysia, Philippines, Singapore, Thailand, Vietnam, Cambodia and Taiwan to Dominican Republic, Haiti, Jamaica, Venezuela, Trinidad and Tobago, Panama, Colombia and Puerto Rico.
The increase will be EUR750 (US$969) per TEU and $1,395 per FEU and 40-foot high-cube from China, Hong Kong, Indonesia, Japan, South Korea, Malaysia, Philippines, Singapore, Thailand, Vietnam, Cambodia and Taiwan to Cuba.
Maersk will also increase rates in its trade from the Far East to Central America, effective June 15. From China, Hong Kong, Indonesia, Japan, South Korea, Malaysia, Philippines, Singapore, Thailand, Vietnam, Cambodia and Taiwan to Chile, Ecuador, Mexico, Peru, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Bolivia and Colombia, the hike will be $750 per TEU and $1,500 per FEU.
Additionally, Maersk will boost rates on its route from the Far East to New Zealand, beginning July 1. From South Korea, China, Taiwan, Hong Kong, Singapore, Indonesia, Malaysia, Philippines, Thailand and Vietnam to New Zealand, the increase will be $200 per TEU and $400 per 40-foot high-cube.
In June, Maersk will simplify local surcharges to Australia and modify rates for dry equipment in Mexico and Central America.
The container line will also revise its services between the Far East and South America's east coast, as part of a joint restructuring with five other carriers, effective from July.
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