MSC to increase Europe to India rates US$200/TEU in March and April

Time:2012-02-10 Browse:49 Author:RISINGSUN

GENEVA`s Mediterranean Shipping Company (MSC), the world`s second largest carrier, has announced it will impose a rate restoration in two stages for sailings from North Europe to Indian subcontinent starting March 1 and April 1.

The initial general rate increase (GRI) of US$200 per TEU will come into effect on March 1 and the second round in the same amount will come on April 1.


This follows other carriers` moves to raise rates on the Asia-Europe trade, ranging from $100 by UASC from February 15 to $800 per TEU by OOCL from March 1.