Hanjin Shipping announces rate restoration for Asia-Europe trade

South Korean carrier Hanjin Shipping has announced a rate restoration plan for Asia-Europe trade. The rate hike is effective January 13th,2013, the shipping company press release said.

The rate will be $350 / 20' TEU and $700 / 40'TEU on all cargoes shipped on the following routes:
Far East Asia & South East Asia to North Europe & Baltic & Scandinavia,
IPBC & Middle East to North Europe & Baltic & Scandinavia,
Far East Asia & South East Asia to Mediterranean, North Africa,
IPBC & Middle East to Mediterranean, North Africa.