COSCO raises Far East/Mideast bunker rates

COSCO raises Far East/Mideast bunker rates
   COSCO Container Lines said Wednesday it is increasing its bunker surcharge on shipments from the Far East to the Middle East in April.
   The revised surcharges are:
   ' Far East (except Japan) to the Persian Gulf and Indian Subcontinent, $410 per TEU from the.
   ' Japan to the Persian Gulf and Indian Subcontinent, $325 per TEU.
   ' Far East (except Japan) to the Red Sea, $548 per TEU.
   ' Japan to the Red Sea, $559 per TEU.
   The surcharge levels are applicable April 1-30.