Hyundai increases China-subcontinent rate US$400/TEU from April 15

2012 03 28


KOREA's Hyundai Merchant Marine (HMM), ranked 18th biggest among the world's container lines, says it will levy a US$400 per TEU general rate increase from April on cargo moving from China to India, Bangladesh and Sri Lanka.

Earlier this month HMM levied another general rate increase on its China to India service, achieving a satisfactory vessel utilisation level, the company said.

Source Shipping Gazette - Daily Shipping News
 

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