COSCO raising rates on Asia export trades

Oceania

Monday, February 06, 2012

COSCO Container Lines said last week it plans to increase rates on a number of trades from Asia. The line plans to hike rates from Asia to the Persian Gulf and Red Sea $150 per TEU on March 1 and again on April, then by $250 per TEU on May 15 and another $150 per TEU on June 15. To the Indian subcontinent, COSCO will see a $100 per TEU increase from March 1, then $150 per TEU on April 15 and another $150 per TEU on June 1. To the east coast of Sout...

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