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UASC Slates July 1 Asia-Mediterranean Rate Hike

6/14/2013 9:50:38 AM

United Arab Shipping Co. will implement a rate increase for dry and refrigerated cargo from Asia to the Mediterranean and Adriatic on July 1.

The hike will be $475 per 20-foot-equivalent unit, the container line said.

Maersk Line, Mediterranean Shipping Co., MOL and OOCL will also boost Asia-Mediterranean rates on July 1.

The Journal of Commerce

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