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            october 23, 2019

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MSC to hike India-Europe rates US$250/TEU


Geneva's Mediterranean Shipping Company (MSC) has announced a rate increase of US$250 per TEU westbound from India to Europe.
MSC India said the increase will apply to all cargo moving from India to UK-north continent, the Mediterranean and Black Sea ports.
CMA CGM and Zim have recently done the same thing, and Newark's Journal of Commerce reported that Hapag-Lloyd will shortly increase rates $300 per TEU from the Indian subcontinent and the Mideast to the Caribbean, Central America, Mexico, South America east and west coasts.

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