COSCON hikes rates for Transpacific trade

In order to continue to provide quality and reliable services, COSCON will implement General Rate Increase program for all dry and reefer cargo from Far East and Indian Subcontinent Countries Region to all USA and Canadian destination (East Bound) effective from June 1, 2015, the shipping company said in a press release.

The details of GRI are as follows:
Per 20' CTR                  USD 480
Per 40' CTR                  USD 600
Per 40' High Cube CTR    USD 675
Per 45 CTR                   USD 760

Far East & Indian Sub-continent include: Bangladesh, Brunei, Burma, Cambodia, China Hong Kong, China Macao, China Mainland, China Taiwan, India, Indonesia, Japan, Korea, Malaysia, Pakistan, Philippines, Singapore, Sri Lanka, Thailand and Vietnam.

COSCON Container Lines Co., Ltd. (COSCON) is one of the world’s leading providers of integrated container shipping service.  COSCON has 157 container carries with a carrying capacity of up to 667970 TEUs. Connecting more than 159 principal ports in over 48 countries and regions across the world, the Company operates over 76 international shipping routes, 10 international feeder routes, 21 coastal routes in China and 67 routes in the Zhu Jiang delta and the Chang Jiang River.