Maersk raising Far East/East Coast of South America rates
Maersk Line will implement a general rate increase of $200 per TEU for all shipments from Asia to the East Coast of South America, effective April 1.
The increase excludes the Brazilian ports of Manaus and Vila do Conde.
The Danish line said the rate increase is 'required to maintain our quality services in response to the increasing market demand in this trade, and as a continued effort to help partially recover the rate levels which were drastically deteriorated during the course of 2006 causing a severe negative impact to our operating margins.'
Maersk raising Far East/East Coast of South America rates
