Maersk Sets Rate Hikes on Asia Services

Maersk Line plans to implement a new round of general rate increases in its Asia services that would take effect Aug. 1.

The Danish carrier said rates on cargo from Northeast Asia to Australia would increase $300 per 20-foot container and $600 per 40-foot container. Northeast Asia includes China, Hong Kong, Taiwan and South Korea.

Rates on cargo from Far East Asia to West Africa will rise $150 per 20-foot container.

From Far East Asia to South Africa and the Indian Ocean Islands, Maersk’s planned increase will be $300 per 20-foot container and $600 per 40-foot/high cube container.

From Southeast Asia to Australia, the carrier will push its rates up by $300 per 20-foot container and $600 per 40-foot container.

Separately, Maersk said it will impose a rate hike on shipments from Far East Asia to the east coast of South America, starting July 15. The planned increase on dry cargo will be $500 per 20-foot container and $1,000 per 40-foot/45-foot container.

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