Maersk to raise Europe/Africa rates
Danish carrier Maersk Line said it is raising rates from northern Europe and western Mediterranean to West Africa beginning Oct. 1.
Rates from northern Europe and West Mediterranean to West Africa will increase 150 euros ($217) per TEU or 20-foot reefer, and 270 euros ($391) per FEU or 40-foot reefer.
From the United Kingdom to West Africa, rates will rise '130 ($214) per TEU or 20-foot reefer, and '240 ($396) per FEU or 40-foot reefer.
'Trading conditions for the carriers operating in these markets are still subject to unacceptable rate levels and the situation is unsustainable in the longer term,' Maersk said.