COSCO Container Lines announces Currency Adjustment Factor (CAF) for both East and West Bound shipments in Far East & Indian sub-continent to North West Europe & Mediterranean

COSCO Container Lines announces Currency Adjustment Factor (CAF) for both East and West Bound shipments in Far East (includes Japan) & Indian sub-continent to North West Europe & Mediterranean trade and effective from August 1, 2013, said in the company's press release.

The Currency Adjustment Factor (CAF) will be 10.78% of ocean freight.

Mediterranean includes Lebanon, Syria, Black Sea region, West Africa region and North Africa region, exclude Israel.