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Maersk to raise Asia-Europe rates US$1,000/TEU from December 1
THE world's biggest container shipping company, Maersk Line, will levy a US$1,000 per TEU Asia-Europe rate increase from December 1, the company announced.
If it sticks, the hike would be a 339 per cent increase from current rates. But container rates tend to rise in large increments before slipping back in the face of overcapacity in the market.
If it sticks, the hike would be a 339 per cent increase from current rates. But container rates tend to rise in large increments before slipping back in the face of overcapacity in the market.
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