MSC to increase Asia/South Africa rates
Mediterranean Shipping Co. said Wednesday it will raise rates on shipments using the line's Cheetah service between the Far East and South Africa.
The increase, effective June 15, is $250 per TEU.
The Cheetah loop, American Shipper affiliate ComPair Data reports, has a rotation of Qingdao, Xiamen, Kaohsiung, Hong Kong, Chiwan, Singapore, Port Louis, Durban, Port Elizabeth, Port Louis, Singapore and Qingdao.
CMA CGM this month joined the service as a slot buyer.
MSC to increase Asia/South Africa rates
