Maersk Line has continued its focus on the backhaul of the Asia-Europe trade with another measure aimed at improving revenue on European exports.
The line said Thursday it will assess a $300-per-TEU rate increase on shipments from Northern Europe (including Russia and Scandinavia) to Asia (including Japan) from May 1.
In the past week, Maersk said it will stop accepting bookings on the eastbound lane until May, and then will super slow-steam five Asia-Northern Europe loops.
Maersk seeks Europe-Asia rate hike in May