GEVEVA`s Mediterranean Shipping Co (MSC), the world`s second-largest container carrier, has joined others by introducing a US$1,500 rate increase per reefer containers on all services from January 1
Current reefer rates are "inadequate to offset the very high and increasing operating costs", said the company. CMA CGM and Maersk Line will welcome the news, said London`s Containerisation International, noting that Maersk CEO Soren Skou has been pressing for shipper acceptance of rate hikes at the recent Cool Logistics conference in Antwerp.