Emirates ups FE-India rate US$250/TEU, FE-Mideast by $300/TEU Dec 1

EMIRATES Shipping Line has announced that it will levy a US$250 per TEU rate increase on cargo from the Far East and south east Asia bound for the Indian subcontinent as well as an increasing rates $300 per TEU from Far East and south east Asia to the Middle East ports, effective December 1.

Emirates, registered in Dubai Maritime City of UAE and commercially-based in Dubai and Hong Kong, said the rate increases reflect current market developments,