Danish shipping giant Maersk Line has revealed that it will be implementing a range of general rate increases in July, focusing on traffic between Latin America and the Indian subcontinent, Europe and West Africa.
According to Lloyd's Loading List, the increases range from US$120 per twenty foot box (TEU) to US$300 per forty foot high cube (FEU).
Services between the Far East, US West Coast, Central America and the Caribbean will also see rates climb between US$400 and US$840 per TEU.
Hapag Lloyd is also raising rates by between US$400 and US$560 on transpacific services, Lloyd's Loading List said, with both these and Maersk's changes due on 15 July.
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