FEFC rate increase planned for April
The FEFC 2004 business plan calls for an increase in rates a minimum of USD150/300 per 20’/40′ from Asia (excluding Japan) to North Europe/Scandinavia. The final amount of the increase will be decided nearer the time. Japan has a separate Business Plan.
Members of the FEFC are APL, CMA CGM, Hapag-Lloyd, Hyundai, K-Line. Maersk Sealand, MOL, Norasia, NYK, OOCL, P&O Nedlloyd, Yang Ming, MISC-Malaysia International Shipping Corp, and ANL Container Line.