MSC raising Black Sea/East Med export rates

 
   The liner carrier Mediterranean Shipping Co. said it plans to raise rates on a number of trades out of the east Mediterranean and Black Sea from March 1.
   The increases are:
  • $50 per container from Egypt, Lebanon, Cyprus, Syria, and Israel to South Africa, Mozambique and West Africa.
  • $100 per container from Egypt, Lebanon, Cyprus, Syria, and Israel to east Africa and Red Sea ports.
  • $100 per container from Port Said and Alexandria to northern Africa ports.
  • $50 per 20-foot container and $75 per 40-foot container from Lebanon to the United States and Canada.
  • $50 per 20-foot container and $100 per 40-foot container from Syria to the United States and Canada.
  • $250 per 20-foot container and $500 per 40-foot container from Israel to Central America
  • $500 per 20-foot container and $1,000 per 40-foot container from Israel to the east and west coasts of South America.
  • $50 per container from the Black Sea and Greece to West Africa.
  • $100 per container from the Black Sea and Greece to Red Sea and Africa destinations.
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