1. Home
  2. Maritime industry news - PortNews
  3. Zim rises India-Europe rates

2011 March 18   07:13

Zim rises India-Europe rates

Zim Integrated Shipping Services will seek a general rate increase on the westbound trades from India to Europe and the Mediterranean, the second GRI this year.

Starting April 1, the planned increase will be $250 per 20-foot equivalent unit.

The GRI will apply to all cargo moving from India to ports in North Europe, the Mediterranean, Israel and the Black Sea region.

The Israel-based carrier earlier raised rates on the same route with a GRI of $200 per TEU that took effect as of Feb. 1.

Zim's move follows similar GRI announcements by several major carriers covering the Indian subcontinent-Europe-Mediterranean trade lanes.

Recent increase announcements included: $200 per TEU by Mediterranean Shipping Company as of March 1; $250 per TEU by Maersk Line as of March 1; and $150 per TEU by CMA CGM as of March 5.

Latest news

2025 May 13

2025 May 12

Mon Tue Wed Thu Fri Sat Sun
1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31