MOL hikes intra-Asia rates US$50/TEU for short haul, $100/TEU for long

JAPANESE shipping giant MOL has announced that it will levy US$50 per TEU and $100 per TEU rate increases depending on the distance cargo is carried within the intra-Asia market.

Freight rates for traffic between Singapore, Malaysia, Thailand, Indonesia, Vietnam, Cambodia, Philippines, Korea and Myanmar will be increased by $50 per TEU from September 15.


Freight rates for traffic from south east Asia to Japan and from Japan to south east Asia will also be increased by $100 per TEU with effect from October 1.