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MOL ups rate to US$1,050/TEU, $1,500/FEU from Asia to Caribbean

JAPANESE shipping company MOL has announced it will implement a general rate restoration (GRR) on all types of cargo moving from Asia to Caribbean and the Amazon region from July 18.

The increase per TEU will be US$1,050 and $1,500 for an FEU, reefers and above, a company said.
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