Europe/South America carriers raise Panama surcharge

Europe/South America carriers raise Panama surcharge    Members of the European/South Pacific & Magellan Freight Conference, a carrier group in the Europe/West Coast of South America trade, said they will increase the Panama Canal surcharge to $125 per 20-foot-container, effective May 1.
   The conference said the surcharge was necessary due to the new measurement and pricing system introduced by the Panama Canal Authority.
   European/South Pacific & Magellan Freight Conference carriers are CMA CGM, Compania Sud Americana de Vapores, Hamburg Sud, Hapag-Lloyd, “K” Line and P&O Nedlloyd.
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