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MOL ups dry box rates US$750/TEU, reefers rise $1,000/FEU June 15

JAPANESE shipping giant MOL Line will increase rates US$750 per TEU and $1,500 per FEU from June 15, and will also levy a $1,000 hike on reefer FEUs on all cargo from Asia to the east coast South America.

"Taking this opportunity, we would like to express our sincere appreciation for your continued support and understanding," said MOL in a notice to trade.
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