MOL postpones General Rate Increase for cargo moving from Far East Asia to Europe

MOL has decided to postpone the General Rate Increase (GRI), which announced on 18 September, for cargo moving from Far East Asia (including South East Asia and Japan) to Europe, the company said in its press release.
 
Effective date has been changed from 15 October to 1 November 2014 (Bill of Lading date).
 
Below GRI level will become applicable:
 
USD 500 per TEU for cargo destined to Northern Europe (Including UK/Ireland, Scandinavia & Baltic) and the Mediterranean (East- and West Med, Black Sea & North Africa)
 
This GRI is applicable to all commodities and equipment types.