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Local Information > Local News > 2012 > Westbound Asia-Europe Revenue Restoration
Local News
July 30, 2012

Westbound Asia-Europe Revenue Restoration

Dear Customers,

Ocean freight rates for the Asia to Europe Trade have been below the required level to cover basic operating costs for a prolonged period. Considering the need to provide sustainable services for the long term, we are announcing a revenue restoration program.

With effect from August 1, 2012, freight rates for Westbound traffic from Asia to Europe will be increased by US$ 300 per TEU. This change covers shipments from the Far East (including Japan), Indian Sub-Continent and Middle East to North Europe, the Mediterranean and Black Sea.

For further information, kindly contact our Sales Office.

 

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