Mike King, Special Correspondent | May 15, 2012 8:23AM EDT
Hanjin Shipping has joined its liner competitors in announcing a peak-season surcharge on westbound Asia-Europe shipments starting June 1.
OOCL, MSC and Zim have all recently announced surcharges of $300-375 per TEU on the trade starting next month.
Hanjin will charge $300 per TEU and $700 per feu on all dry reefer and special shipments from Asia and the Middle East to North Europe and the Mediterranean.
The South Korean line said the hike was to ensure service quality “in the midst of rising operating costs resulting from repositioning containers back to Asia to accommodate increased demand for outbound cargo.”
Contact Mike King at michael@borderline.eu.com.