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Zim hikes rates from Asia to Europe, Med

Zim hikes rates from Asia to Europe, Med

   Zim said it will implement a general rate increase on the Asia/Mediterranean and Asia/North Europe trade on cargo loaded July 1 or later.

   The increases will be:

   ' $250 per TEU on cargo loaded in Asia bound for the East Mediterranean and Black Sea.

   ' $300 per TEU on cargo from Asia bound for North Europe and West Mediterranean.

   The company said the increase “is necessary in order to maintain our current levels of service and high reliability.”