Mediterranean Shipping Company will increase freight rates for cargo moving on its services from India to Europe and Africa, effective October 12.

From India to North Europe, the United Kingdom, East/West Mediterranean and Black Sea ports, rates will increase $150 per 20-foot equivalent unit.

The proposed increase for the trade from India to East Africa, Mozambique, South Africa and the Indian Ocean Islands will be $200 per 20-foot equivalent unit.

The move comes just as the state-owned Shipping Corporation of India, which operates the weekly Indian-Subcontinent-Europe Service (ISES) in conjunction with MSC, announced plans to seek a similar rate increase, effective Oct. 10.

The Journal of Commerce Online

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• MSC hikes prices from India

     Mediterranean Shipping Company will increase freight rates for cargo moving on its services from India to Europe and Africa, effective October 12. From India to North Europe, the United Kingdom, East/West Mediterranean and Black Sea ports, rates will increase $150 per 20-foot equivalent unit. The proposed increase for the trade from India

• CMA CGM hike prices on Major Lanes

     CMA CGM will raise rates on major lanes around the world in a “rate restoration program” beginning March 1 with later phases kicking in March 15 and April 1. Effective March 1, from North Europe to the Far East, the rate for all paper and plastic waste commodities will increase

• Zim the general increase in U.S. exports imposed

     Zim Integrated Shipping Services Ltd. said it would implement a general rate increase on U.S. exports in November 2009. ? Rates on containers to Asia will be raised by US$100 per TEU, effective Nov. 1; to the East and West Mediterranean and Africa US$50 per TEU effective Nov

• SCI-Europe-India hikes prices

    State-owned Shipping Corporation of India will implement a general rate increase on the trade from India to Europe, effective Feb. 4.

• CMA CGM hikes prices on India / Pakistan-Europe route

     CMA CGM has announced a restoration of freight rates between India/Pakistan and Europe. New rate increases will apply to all cargo and commodities moving westbound and eastbound between India, Pakistan, Europe and the Mediterranean, effective October 1, 2009. The increase quantum from India/Pakistan to Europe and the Mediterranean will be US$250 per

• CMA CGM announces rate restoration between West Africa and Asia

    In a continued effort to provide its customers with the same reliable and efficient services to which they are accustomed, the CMA CGM Group has decided to restore freight rates between West Africa and Asia to a sustainable level. New rate increases will apply to all containers moving from West

• SCI-Europe-India to hike prices

    State-owned Shipping Corporation of India will seek a rate increase on the westbound trades from India to Europe, as part of what it called a rate restoration program. Effective March 1, the planned increase will be $250 per 20-foot equivalent unit. The rate increase applies to all cargo moving from

• Current CMA CGM improve rate: Europe, Australia and New Zealand

    French Container Line CMA CGM has announced an increase in freight rates in the Europe to Australia and New Zealand in order to “restore freight rates to a sustainable level.” The move follows in the footsteps of a similar rate hike on trade between India/Pakistan and Europe by the carrier

• MSC hikes rates from Asia to Europe

     Mediterranean Shipping Company will raise rates and bunker charges on freight from Asia to Europe, effective April 1. The company has announced it would continue its “rate restoration program” by applying an increase of $300 per 20-foot equivalent unit to all cargo from South East Asia, China, Hong Kong, Korea and

• Hapag-Lloyd India to raise prices

    Hapag-Lloyd in April will seek rate increases on two trade lanes affecting the Indian Subcontinent. A rate increase on the westbound trades from the Indian Subcontinent to Europe will be $200 per 20-foot equivalent unit, effective April 1. The rate increase will apply to all cargo moving from India, Pakistan,

• Container shipping freight rates raised

    Container shipping freight rates on most routes are set to rise with shipping lines announcing various hikes effective from mid-January and February, analysts and brokers said. “Despite weak demand for ships, the shipping lines declared freight hikes to earn more from whatever cargo is available now,” said Kishore Parekh, overseas

• CMA CGM announces rate restoration between Europe and India / Pakistan

    In a continued effort to provide its customers with the same reliable and efficient services to which they are accustomed, the CMA CGM Group has decided to restore freight rates between Europe and India/Pakistan to a sustainable level. New rate increases will apply to all cargo and commodities moving Eastbound

• Maersk West Africa announces rate restoration

    Maersk Line would like to announce rate increases on services to West Africa.

• SCI plans to hike freight west bound trade

    The Shipping Corporation of India (SCI) proposes to hike freight rate on the west-bound trade from India to Europe as part its rate restoration initiative, according to shipping industry sources. Effective March 1, the proposed increase will be $250 a TEU and will apply to all cargoes moving from India

• MOL Announces GRI on Europe Southern Africa Trade

     MOL (Mitsui O.S.K. Line) says it has no choice but to announce a general rate increase (GRI) on its Europe – Southern Africa trade. “We are committed to maintaining high service levels even during these difficult economic times,” says Colin de Souza, MOL General Manager, North South Trade. “However, the