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Updated news
CMA CGM: The Only Shipping Line Calling Buchanan Port In Liberia
Qatar Airways Launches First Regular Cargo Service London's Stansted To Doh
P3 Alliance Scrutiny Spreads To Korea
Cathay To Expand Latin American Coverage
Emirates Flies A380 To Barcelona
Air Algerie Buys 11 Jets
COSCO Ordering New Ships
Maersk Is Still Confident That P3 Will Gain Regulatory Approval
Cathay Pacific Pursues Cargo Market With Freighter Order
Lines Levy Asia-South America Rate Hikes
Hyundai Adds Six Vessels To Asia-US Route
Presentation
News
>
Sea News
Ocean Carriers Hike India Export Rates
Ocean carriers on routes out of
India
are raising rates as demand picks up.
Hapag-Lloyd will seek a general rate increase on the trade from the Indian subcontinent to
Australia
. Effective June 15, the planned increase will be $250 per 20-foot equivalent unit. The GRI will apply to all cargo moving from
India
,
Pakistan
,
Bangladesh
and
Sri Lanka
to destinations in
Australia
.
In related news, United Arab Shipping Company will increase rates on the westbound trades from
India
to Europe and the
Mediterranean
. Rates on the route will go up by $200 per TEU as of May 15, UASC India said.
UASC’s move follows similar GRI announcements by several leading operators covering the same trade lane, including CMA CGM, Hapag-Lloyd, Zim Integrated Shipping Services, Mediterranean Shipping Company and the Shipping Corporation of
India
.
Maersk Line, the largest carrier to and from
India
, also plans to boost rates for westbound shipments moving on its services from
India
to ports in North Europe and the
Mediterranean
. The proposed increases will be $200 per dry TEU and $400 per dry FEU, effective May 17.
The Journal of Commerce Online
OTHER NEWS
CMA CGM: The Only Shipping Line Calling Buchanan Port In Liberia
P3 Alliance Scrutiny Spreads To Korea
COSCO Ordering New Ships
Maersk Is Still Confident That P3 Will Gain Regulatory Approval
Lines Levy Asia-South America Rate Hikes
Hyundai Adds Six Vessels To Asia-US Route
Maersk Remains Confident About P3 Approval
Ocean Carrier Rate Revision Roundup For Dec. 16
Freight Rates Up 60 Percent On Asia-Europe
Port Of Montreal Welcomes Its Largest Tanker
G6 Musters To Battle P3 Alliance, Plans To Serve 66 Ports With 240 Ships
Dalian Welcomes Maiden Call From PIL's West Africa Service
Arkas Line – A New Player In Israel's Maritime Trade
FPS Launches Rotterdam-Fiji Direct LCL Service
MOL Hikes Asia-Mexico/WC South America Rate US$600/TEU January 1
CaroTrans Launches Direct LCL New York-St Petersburg Service
Transpacific Carriers Seek $500 In Rate Increases
KMTC And OOCL Swap Slots On Two Far East-India/Sri Lanka Loops
Maersk Ends Nhava Sheva Congestion Surcharge
P3 Speeds Will Challenge Other Carriers
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