COSCO Container Lines announces rate restoration for Far East to Middle East trade
COSCO Container Lines announces Rate Restoration for all shipments from Far East to Red Sea and Persian Gulf Trade as following schedule, the company said in its press release.
Far East to Gulf USD150/TEU effective from March 1, 2014
USD150/TEU effective from March 15, 2014
Far East to Red Sea USD200/TEU effective from March 1, 2014
Far East include: China Mainland, China Hong Kong, China Taiwan, China Macao, Philippines, Vietnam, Thailand, Malaysia, Singapore, Indonesia, Korea, Brunei, Cambodia, Myanmar and Bangladesh.
Persian Gulf include: Iraq, Kuwait, Saudi Arabia (Persian Gulf Coastal), Bahrain, Qatar, United Arab Emirates and Oman.
Red Sea include: Saudi Arabia (Red Sea Coastal), Yemen, Jordan, Egypt and Sudan.