Zim Integrated Shipping Services Ltd. announced last week a general rate increase on the westbound trades from the India subcontinent to Europe and the Mediterranean, the second GRI in one-and-a-half months and the third in 2011, Port2Port reports.
The GRI will apply from May 15.
The increase will be US$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 GRI will apply from May 15.
The increase will be US$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.