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Maersk Line to increase Asia-Europe rate by US$400/TEU April 1

Time：2016-03-17 Browse：142 Author：RISINGSUN
MAERSK Line plans to increase freight rates for moving containers from Asia to Northern Europe by US$400 per TEU from April 1.

The increase would take rates up by 190 per cent on the current level, that is widely seen as loss-making, said Reuters The shipping company also aims to raise freight rates from Asia to ports in the Mediterranean by $500 per TEU.