Europe/West Africa confirm southbound rate increases
Shipping lines of the Europe West Africa Trade Agreement (EWATA) confirmed today previously announced increases in their southbound rates for 2005.
Effective Jan. 1, the conference carriers intend to raise rates 150 euros ($199) or '100 per 20-foot container, 270 euros ($358) or '180 per 40-foot box and 5 euros (about $6) or '3.40 per freight ton for conventional cargo.
EWATA carriers also intend to implement further rate increases on July. 1 and Oct. 1.
EWATA members are Delmas and its affiliate OT Africa Line, Maersk Sealand and sister company Safmarine, and Nile Dutch Africa Line.
Europe/West Africa confirm southbound rate increases
