IPBCC carriers to raise westbound reefer rates
Carriers in the India, Pakistan, Bangladesh, Ceylon Conference have agreed on a westbound rate restoration for refrigerated cargo moving from South Asia to Europe.
Effective Oct. 15, the lines will seek an extra $600 per TEU and $1,200 per FEU for reefer cargo moving from India, Pakistan, Bangladesh and Sri Lanka to ports in the United Kingdom, North Continent, Scandinavia, Baltic and Mediterranean.
Member of the IPBCC are ANL, CMA-CGM, Hapag Lloyd, Evergreen Line, Hamburg Sud, Hapag-Lloyd, 'K' Line, MacAndrews, Maersk Line, MISC Berhad, CSAV Norasia, Pakistan National Shipping Corp., Rickmers-Linie, Safmarine, Shipping Corp. of India, United Arab Shipping Co., Yang Ming and Zim.
IPBCC carriers to raise westbound reefer rates