Evergreen Line has announced another rate increase on all westbound cargo moving from the Far East, Japan and the Indian subcontinent to Europe and the Mediterranean.

The new increase of $250 per 20-foot container will take effect on Feb. 1 on all cargoes and commodities, including temperature-controlled and reefer freight.

The increase, which Evergreen said was a further step in its “rate restoration program,” follows its Nov. 1 rate increase of $200 per TEU on the same trade lane.

Carriers have been increasing rates on the Asia-Europe trade since last fall to stem the losses they suffered last winter in the wake of a fierce rate war that resulted in several smaller carriers pulling out of the trade altogether.

The Journal of Commerce Online

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• Evergreen Walks Far East prices

    Evergreen Line is adding the Far East and Indian Sub-Continent to Mediterranean Westbound Trades to its list of trade lanes to get a general rate increase as the peak season approaches and other ocean carriers say they are raising rates as well. The price hike is based on “current overbooking” and

• Evergreen Line Announces Rate Restoration

    In a continued effort to provide our customers with the reliable and efficient level of service, Evergreen Line hereby announces to implement further rate restoration program. The increase quantum will be USD250 per TEU effective February. 1st, 2010 for Far East(including Japan) / Indian Sub-Continent to Europe and Med Westbound

• Evergreen announces further rate restoration on the North Europe-US trade

    Evergreen Line is to implement a second rate increase on all trade from North Europe to ports on the Atlantic coast of the USAA, at the rate of $350 per teu and $450 per feu, effective October 1. The company says “it is essential to bring our freight rates back

• Evergreen Line announced restoration rate for the Far East in the Middle East, Red Sea and ISC

    In a continued effort to provide our customers with the reliable and efficient level of service, Evergreen Line decides to implement the Rate Restoration programme as following details for Far East to Persian Gulf, Red Sea and ISC. Service Scope :
From Far East to Middle East ??? Effective Date :

• Evergreen hikes prices for exports of U.S.

     Evergreen Line filed a range of rate increases on a number of different commodity exports in the trans-Pacific and the Trans-Atlantic to support what it called “sustainability.” Evergreen forecast the ocean carrier industry collectively will lose more than $20 billion in 2009 and said rates have fallen in every major trade

• Evergreen, CSCL to launch joint service

     Evergreen Marine Corp. and China Shipping Container Line will launch a joint weekly service linking ports in Asia with the Pacific Northwest. The carriers will operate six vessels, each with a capacity of 5,500 20-foot equivalent units, in a vessel sharing arrangement that will result in a more efficient and convenient

• Evergreen Marine expands fleet with 12 new container vessels

    Taiwan’s Evergreen Marine Corp plans to expand its fleet to cope with a recovery in container shipping since the end of the global economic crisis, a newspaper said Tuesday.

• MSC to hike prices to four lanes

     Mediterranean Shipping Company (USA), joining the push by ocean carriers to pump up depressed container shipping price, announced a series of rate increases Tuesday starting Sept. 1 for U.S. shipments on Atlantic and Pacific lanes. The increases, which will take effect on a staggered basis over a month, range from $500

• Trans-Atlantic ACL Raise Prices

     Atlantic Container Line said it will raise rates on east- and westbound trans-Atlantic cargo, effective April 1. The increases, which are the same for cargo moving in both directions, are $250 per 20-foot container and $400 per 40-footer. The move continues a trend in multiple trade lanes after carriers reduced capacity

• Maersk said General Rate Increase, Europe, South Asia and Middle East trade

    Maersk Line would like to announce a general rate increase effective 15 February 2010 in the Europe to South Asia/Middle East trade. The trading conditions for the carriers operating in these markets are still subject to unacceptable rate levels and the situation is unsustainable in the longer term. The rate

• Maersk Line: General Rate Increase from South Asia and the Middle East to Europe

    Maersk Line would like to announce a general rate increase effective 1st February 2010 in the South Asia/Middle East to Europe trade. The trading conditions for the carriers operating in these markets are still subject to unacceptable rate levels and the situation is unsustainable in the longer term

• Maersk Line Announces General Rate Increase from South Asia and the Middle East to Europe

     Maersk Line would like to announce a general rate increase effective 1st February 2010 in the South Asia/Middle East to Europe trade. ? The trading conditions for the carriers operating in these markets are still subject to unacceptable rate levels and the situation is unsustainable in the longer term.

• Maersk Line Announces General Rate Increase, Europe, South Asia and Middle East trade

     Maersk Line would like to announce a general rate increase effective 15 February 2010 in the Europe to South Asia/Middle East trade. The trading conditions for the carriers operating in these markets are still subject to unacceptable rate levels and the situation is unsustainable in the longer term.

• CTSA charges U.S. $ 400/FEU Walk 15th January

    The Canada Transpacific Stabilisation Agreement (CTSA) has announced that its 10 member carriers will increase rates US$400 per FEU for Vancouver and by $500 per FEU for all intermodal and Canadian east coast all-water shipments from January 15 regardless of earlier announced rate increases to take effect May 1. “Container

• Maersk Line is the general increase of Mediterranean ports in North America

     Maersk Line would like to announce a general rate increase effective 1 January 2010 from France Mediterranean ports to US and Canada amounting to USD 150/200 USD per 20′/40′. The trading conditions for the carriers operating in these markets are still subject to unacceptable rate levels and the situation is