Operation News

Maersk to hike rates on Asia services

13/08/2012

Maersk to hike rates on Asia services. Rate increases are slated to take effect Sept. 1

Rate increases are slated to take effect Sept. 1

Maersk Line plans to impose a series of general rate increases on its Asia services that will take effect Sept. 1.

From Far East Asia to the Indian subcontinent, the Danish carrier will raise rates by $250 per 20-foot container unit and $500 per 40-foot container unit. The subcontinent region includes ports in India, Pakistan and Sri Lanka.

Rates on trade from East Africa to Far East Asia and the Middle East will go up by $200 per 20-foot container and $400 per 40-foot container.

Maersk will also implement a rate hike on shipments from North Europe to destinations in western and central Asia. The planned increase will be $150 per 20-foot container and $200 per 40-foot/45-foot high cube container.

The carrier will apply a rate increase of $300 per 20-foot container and $600 per 40-foot container on cargo moving from Asia to New Zealand.

“In order to continue offering our broad portfolio of services and high level of reliability, it will be necessary forus to implement a number of rate increases/restorations,” Maersk said.

Journal of Commerce Online