Maersk to hike rates on Asia-Caribbean and Latin America routes

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Maersk Line will implement a number of general rate increases (GRI) and peak-season surcharges for its Far East Asia services in December 2011.

Changes in the rates, to take effect on December 15, are as follows:

1. From Far East to Mexico, Central America, and the west coast of South America, rates will go up by US$600 per 20-foot equivalent unit (TEU) and $1,200 per 40-foot equivalent unit (FEU) and 45-foot high cube dry container.

2. From Far East to the Caribbean, rates will increase by $560 per TEU and $800 per FEU and 45-foot high-cube dry box.

3. For dry cargo from Far East to South Africa and the Indian Ocean Islands, the new GRIs will be $150 per TEU and $300 per FEU and 45-foot container.

From December 26, the Denmark-based boxship will impose a peak-season surcharge of $200 per TEU and $400 per FEU on both dry and refrigerated cargo for services from Far East to North Europe and the Mediterranean.

 

Photo from Maersk Line