Maersk to hike rates Far East to Europe and Europe to/from Middle East and South Asia

Maersk Line will increase rates on services from the Far East to Europe on July 1. In July and September, rates will go up on services between Europe and the Middle East and South Asia.
From the Far East to the Mediterranean and North Europe, rates will increase $300 per 20-foot-equivalent unit, effective July 1, and another $150 per TEU as a peak season surcharge effective from Aug. 1 until October. The increases apply to all cargo and commodities, including reefers and special equipment.
Increases for cargo from South Asia (India, Pakistan, Bangladesh, Sri Lanka) to the Mediterranean and North Europe are as follows:
-- $250 per 20-foot container, effective July 1.
-- $500 per 40-foot container, effective July 1.
-- $150 per 20-foot container, effective Sept. 1.
-- $300 per 40-foot container, effective Sept. 1.
The increases apply to all cargo and commodities, excluding reefers.
In response to an increase in cargo from the Mediterranean to Middle East and South Asia, rates will increase:
-- $100 per 20-foot container, effective July 1.
-- $200 per 40-foot container, effective July 1.
The increases apply to all cargo and commodities, excluding reefers.