MSC to raise Far East/Australia rates
Liner carrier Mediterranean Shipping Co. said this week it will raise rates on the trade from the Far East to Australia beginning April 15.
The $250-per-TEU increase applies to all shipments from China, Korea, Taiwan and Hong Kong to Australia.
MSC offers service on the trade through two loops: the Wallaby, which it jointly operates with Maersk Line, and as a slot buyer on the CAS/AAS service operated by APL, Evergreen Line, Hapag-Lloyd, and Hyundai Merchant Marine, which MSC dubs its Panda service.
MSC to raise Far East/Australia rates
