Cosco to Raise Europe-Asia Rates in Mid-April

Cosco will hike rates on its trade from Northwest Europe and the Mediterranean to the Far East and the India and Pakistan region, starting April 15:

  • From Northwest Europe, the increase will be $150 per 20-foot-equivalent unit and $300 per 40-foot-equivalent unit.
  • From the Mediterranean, the increase will be $200 per TEU and $400 per FEU.

Northwest Europe and the Mediterranean includes Israel, Lebanon, Syria, North Africa and the Black Sea region, and the Far East includes Japan.

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