Watch Now


Hanjin corrects rate hike to northern Europe

Hanjin corrects rate hike to northern Europe

   Hanjin Shipping said Thursday the rate increase it announced earlier this week for westbound shipments from the Indian Subcontinent and Middle East to northern European ports was incorrect.

   The ocean carrier will seek an increase of $200 per TEU and $400 per FEU between ports in those regions, including Baltic and Scandinavian ports. The increases go into effect July 1.