OOCL ups Asia-Europe, Med, Black Sea rates US$525/TEU from November 1

HONG KONG's Orient Overseas Container Line (OOCL) has announced it will increase its rate on cargo from Asia to Europe rate by US$525 per TEU from November 1.

The increase covers cargo from the Far East (including Japan), the Indian subcontinent as well as the Middle East to north Europe, the Mediterranean and to Black Sea ports.