MOL hikes Asia-east coast of South America rate US$750/TEU

Time：2015-07-16 Browse：117 Author：RISINGSUN

JAPANESE shipping giant MOL will increase rates US$750 per TEU and $1,500 per FEU for cargo moving from Asia to the east coast of South America from August 1.

The shipping company regarded the increase as a General Rate Restoration (GRR) and expressed its "sincere appreciation for your continued support and understanding".

 Maersk increases Asia-Europe freight rate US$1,000/TEU from August 1
 Hong Kong port down 12.9pc in June to 1.7 million TEU, Singapore down 7.8pc

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