The liner carrier Mediterranean Shipping Co. said Tuesday that it is raising rates on U.S. export cargo on a range of trades.
The increases cover shipments to the Middle East, Red Sea, Indian Subcontinent, eastern Mediterranean, Black Sea, Africa, and the west coast of South America.
The increase, $150 per 20-foot container and $300 per 40-foot container, is applicable from March 1. East Med destinations include Turkey and Greece, while Africa destinations include Algeria, Libya, Malta, Morocco, Tunisia, Kenya, Tanzania, Angola, Benin, Cameroon, Cape Verde, Gabon, Gambia, Ghana, Guinea, Guinea-Bissau, Ivory Coast, Liberia, Mauritania, Nigeria, Senegal, Sierra Leone, and Togo.
From U.S. ports to the west coast of South America (and Cartagena), the increase will be $100 per 20-foot container and $200 per 40-foot container, also from March 1.