Hamburg Süd, MSC raise U.S. rates to Oceania

Oceania

Monday, July 16, 2012

The liner carriers Hamburg Süd and Mediterranean Shipping Co. announced individual plans to hike rates on U.S. export cargo to Oceania ports. Both lines said the increase, effective Aug. 15, is $175 per 20-foot container and $350 per 40-foot container and is applicable to all U.S. origin ports and all destinations in Australia and New Zealand. Hamburg Süd operates roughly a third of total North America-to-Oceania allocated capacity, according to BlueWater Reporting, a...

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