22 December 2010

Over the last 2 months, rates in the Middle East - Europe trade have eroded significantly. In order to maintain the service levels that our customers are accustomed to, we would like to announce the General Rate Increase Schedule for Quarter 1 2011 as per the below details:

Effective date: 1 February 2011  

Scope: Middle East & Indian Subcon to North Europe and Mediterranean

General Rate Increase: USD 200/400 per 20'/40' dry and reefer

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Effective date: 1 March 2011

Scope:  Middle East & Indian Subcont to North Europe and Mediterranean

General Rate Increase: USD 250/500 per 20'/40' dry and reefer