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MOL to hike export import Far East-Japan rate US$50/TEU twice in July

JAPANESE shipping giant MOL will increase the rate for Far East shipments to Japan US$50 per TEU and $100 per FEU from July 1 and then the same increase again will be applied for exports from Japan to the again on July 15.

The implementation is a rate restoration to recover the ever-increasing operational costs and sustain the service quality to customers, said the MOL statement.
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