CSAV levies US$200/TEU and $300/FEU rate hike from India to Europe

2012 04 24

Details

CHILE's major ocean carrier CSAV will impose a US$200 per TEU and a $300 per FEU general rate increase from May 1 on westbound cargo from the Indian subcontinent to north Europe and the Mediterranean.

"To continue offering our wide portfolio of services and high level of reliability, it will be necessary for us to implement a general rate increase," said a CSAV India statement.

Hamburg Sud earlier said it would apply a $200 per TEU rate increase on trades from the subcontinent to Europe, South America and the Caribbean from May 1.

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