MSC to increase Asia-Europe rates US$600 per TEU from mid December

GEVEVA's Mediterranean Shipping Co (MSC), the world's second-largest container carrier, has announced plans to increase Asia-Europe rates from mid-December.

The increase will be US$600 per TEU for cargo from mainland China, Hong Kong, Taiwan, Japan, Korea, Vietnam, Singapore, Malaysia, Thailand, Indonesia and Bangladesh to ports in northern Europe, the Mediterranean and the Black Sea.