ESPMC-WITASS northbound rate increases
ESPMC-WITASS conference lines are planning to introduce in May a second round of rate increases for northbound cargo from Peru and Ecuador to North Europe of $200 per TEU and $300 per FEU.
In January, the six conference members — Container Cargo Lines Inc., CMA CGM, Compania Sud Americana de Vapores (CSAV), Hamburg Sud, Hapag-Lloyd and 'K' Line — introduced northbound rate increases of $350 per TEU and $450 per FEU from Chile and Peru, while from Ecuador the increase was set at $150 per TEU and $250 per FEU.
ESPMC-WITASS northbound rate increases