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2009 February 20   06:20

MSC to hike rates US$50 per TEU on Europe-Asia route

Geneva's Mediterranean Shipping Company has announced it will impose a freight rate increase on cargo from Europe to the Far East and Middle East "due to more demand for export cargoes."
Cargo from northern Europe will face a rate rise of US$50 per TEU and $100 per FEU for dry containers and $250 per TEU and $500 per TEU for refrigerated boxes starting from March 1.

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