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Freight rate hikes in war zone
- Tuesday, August 01 - 2006 at 11:15
Shipping firms operating in the Middle East might hike freight rates from between 33%-63% for journeys near Lebanon if the conflict persists, Arab News reported. It would send prices for a 20-foot container from $550 to $900; and for a 40-foot container from $900 to $1,200.
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James McInerney, News EditorTuesday, August 01 - 2006 at 11:15 UAE local time (GMT+4)
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