MSC hiking Europe export rates

   The liner carrier Mediterranean Shipping Co. said this week it is increasing rates on European exports to the Far East, West Africa and the Caribbean.
   The increases are:
  • $50 per TEU from Europe to the Far East from April 1.
  • $75 per 20-foot container and $150 per 40-foot container from Northern Europe to the Caribbean from April 15.
  • 100 euros per 20-foot container and 180 euros per 40-foot container from Europe to West Africa from April 15, followed by an increase of 75 euros per 20-foot container and 130 euros per 40-foot container on July 1 and Oct. 1.