Hamburg Sud raises Europe/South America rates

Hamburg Sud raises Europe/South America rates    Hamburg Sud and its subsidiary Alianca said Wednesday they will increase southbound freight rates from Europe to the East Coast of South America by 200 euros ($246) per TEU, effective Jan. 1.
   They said the increases reflect “the continuing rise in charter rates, global bottlenecks in container equipment and the increased cost of container newbuildings.”
   Hamburg Sud is also preparing to deploy a series of six new 5,552-TEU vessels into its Europe/East Coast of South America services.