Hyundai to hike US-Europe rate US$400/TEU on January 1

HYUNDAI Merchant Marine (HMM) has announced that it will increase rates on its US export containers to northern Europe beginning January 1.
The increase applies to dry and reefer shipments to all northern European, UK, Scandinavian and Baltic ports. The increase will be US$400 per TEU and US$500 per FEU.