Maersk announces rates increase on Med-Asia/Asia-Latin America trades

Maersk Line has announced a General Rate Increase (GRI) on all cargo shipped from the Mediterranean to Far East Asia and from the Mediterranean to Syria, which goes into effect from November  1, 2012.

"In order to continue offering our broad portfolio of services and high level of reliability, it will be necessary for us to implement a number of rate increases/restorations. We ask for your understanding and look forward to continuing to provide the service you’ve come to expect from Maersk Line," a spokesperson for the company said.

The GRI will be as follows: Mediterranean to Far East Asia (excl. Syria) - USD 150 per container; Mediterranean to Syria - EUR 100 per container.

The Danish shipping company will also impose the GRI on all cargo shipped from Far East Asia to Central America and the Caribbean, effective on the 15th and 17th of October, 2012, respectively.

The GRI will be as follows: from Hong Kong, Indonesia, Japan, South Korea, Malaysia, Philippines, Singapore, Thailand, Vietnam and Cambodia to Dominican Republic, Haiti, Jamaica, Venezuela, Trinidad and Tobago and Panama - USD 560/800/800 per 20'/40'/40' high cube dry.

From Hong Kong, Indonesia, Japan, South Korea, Malaysia, Philippines, Singapore,Thailand, Vietnam and Cambodia to Cuba - EUR 455/650/650 per 20'/40'/40' high cube dry.

From China and Taiwan to Dominican Republic, Haiti, Jamaica, Venezuela, Trinidad and Tobago, Panama, Santa Marta (Magdalena, Colombia), Cartagena (Colombia) and Barranquilla (Colombia) - USD 560/800/800 per 20'/40'/40' high cube dry.

From Hong Kong, Indonesia, Japan, South Korea, Malaysia, Philippines, Singapore, Thailand, Vietnam, Cambodia to Santa Marta (Magdalena, Colombia), Cartagena (Colombia) and Barranquilla (Colombia) - USD 560/800/800 per 20'/40'/40' high cube dry.

From China and Taiwan to Cuba - EUR 455/650/650 per 20'/40'/40' high cube dry. < Korea Shipping Gazette >