Maersk puts off US$500/FEU Asia-North Europe rate from June 1 till July 1

DANISH shipping giant Maersk Line has revealed it will postpone its planned June US$500 per FEU Asia-North Europe rate hike until July 1, reports American Shipper.

But the company also said it would increase its Far East-south Europe rate by $250 per TEU and $500 FEU (also applied to 45-footers) on June 1.