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, an affiliate of American Shipper
. MSC does not operate any vessels on the trade, but takes slots on a Hamburg Süd/Maersk Line service. - Eric Johnson