2009 May 21   06:40

Hanjin hikes Asia-Europe rates from June 1 and again July 1

HANJIN Shipping has announced it will increase freight rates Asia to Europe and to Mediterranean destinations westbound US$250 per TEU and $500 per FEU on all containers including reefer boxes from June 1.

Between Far East-southeast Asia and northern European ports, South Korea's major shipping line will again increase rates $300 per TEU and $600 per FEU from July 1. 



On services between the Indian subcontinent and the Middle East as well as to European ports, Hanjin will implement $100 per TEU and $200 per FEU increases from July 1.