ZIM has announced that it will implement a general rate increase in cross-Suez trade effective March 1, 2010.

From Asia to North Europe and the West Mediterranean the cost will be US$350 per TEU and from Asia to East Mediterranean, the Black Sea and the Adriatic, $300 per TEU.

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• Zim raising interest rates in Asia-Europe Trade

     Zim said it will implement a general rate increase Oct. 1 from Asia and the Indian Subcontinent of $250 per TEU to North Europe and the West Mediterranean and, $200 per TEU to the East Mediterranean, Black Sea and Adriatic.American Shipper

• ZIM Suez launches new service

     ZIM is introducing an Asia-Med-Europe (AME) service, a new Suez service between Asia, India, Mediterranean and Europe.The new service, based on 12 3,800 TEUs vessels, will be launched from April 7 in Shanghaiy.The port rotation is Shanghaiy, Da Chan Bay, Port Kelang, Nhava Sheva, Haifay, Ashdody, Felixstowe, Antwerpy, Hamburg, Alexandriay,

• Slack season starts in line for

     Capacity is being cut drastically on the Asia-Europe routes as the slack season starts. Several strings or loops on the Asia-Europe and Asia-Mediterranean routes have been discontinued while big shipping groups such as CKYH and the Grand Alliancey are pulling out individual services to suit market demand.Capacity levels on the

• 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

• Zim increase

     Zim has announced a general rate increase of US$200 per TEU effective from February 1, 2010.The increase will be implemented on the Cross Suez trade, from Asia to North Europe, East and West Mediterranean and Black Sea.Cargonews Asia

• ZIM Introduction Asia-Europe-Mediterranean (DMD) – a New Cross Suez Service

    As part of the continuous efforts to address customers’ needs, ZIM is pleased to announce the introduction of Asia-Med-Europe (AME),? a new Cross Suez service between Asia, India, Mediterranean and Europe. The new service, based on 12 x 3,800 TEU’s vessels, will take effect as from April 7th 2010 in

• 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 linesdeclared freight hikes to earn more from whatever cargo is available now,” said Kishore Parekh, overseas

• Maersk to increase Europe-Africa Rates

     Danish carrier Maersk Line said it is raising rates from northern Europe and western Mediterranean to West Africa beginning Oct. 1.Rates from northern Europe and West Mediterranean to West Africa will increase 150 euros ($217) per TEU or 20-foot reefer, and 270 euros ($391) per FEU or 40-foot reefer.From the

• Evergreen focuses its trips to the West Coast of the United States, Asia and the Mediterranean trades

    Evergreen Line will enhance coverage of the U.S. West Coast-Asia-Mediterranean trade routes by reintroducing a 20-port pendulum service for the region that will range from Tacoma to Valencia, Spain, via the Far East, Middle East and Suez Canal. Read at Evergreen realigns its sailings in the U.S

• CMA CGM hikes prices Across Network

     CMA CGM has announced a series of rate hikes across its global liner network and confirmed a peak season surcharge on the Asia-North Europe route.The French ocean carrier said the rate increases, ranging from $250 to $500 per 20-foot container, were part of a revenue restoration program in response to