HONG KONG/JAPAN OCEAN RATES GO UP

HONG KONG/JAPAN OCEAN RATES GO UP

   Shipping lines of the Intra-Asia Discussion Agreement have increased rates from Hong Kong to Japan.
    The carriers adopted a joint non-binding recommendation to raise rates by $30 (U.S.) per 20-foot container and $50 per 40-footer.
    The price rise was due to be effective from Sunday (Aug. 15).

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