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Maersk to up shipping fees
- Thursday, June 11 - 2009 at 11:16
Maersk Line, the world's largest container shipper, has said in a statement that it will raise freight rates between Europe and Asia for the second time in two months as 'current price levels are still unacceptable,' Reuters has reported. The company said that it would raise its rates on transport routes from the Far East to the Mediterranean and North Europe by $300 per 20 foot container unit on July 1. It will also introduce a peak-season surcharge of $150 from August 1 through October 31. Maersk Line also raised rates on routes from India, Pakistan, Bangladesh and Sri Lanka to the Mediterranean and North Europe, and increased them from the Mediterranean back to South Asia and to the Middle East on improved demand.
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StaffThursday, June 11 - 2009 at 11:16 UAE local time (GMT+4)
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