Rate increases on North America to Middle East and Indian Subcontinent trades

2007-11-23

Maersk Line will be implementing a general rate increase (GRI) on the trades from United States and Canada to Afghanistan, Bahrain, Bangladesh, India, Jordan, Kuwait, Oman, Pakistan, Qatar, Saudi Arabia, Sri Lanka, United Arab Emirates, and Yemen. The increase will apply for all cargo under Maersk Line independent tariffs and service contracts as agreed with our customers individually.

The level of increase will be USD 120 per 20' (dry), USD 160 per 40' (dry and reefer), and USD 180 per 45' high cube container, and will be effective 1 January 2008.

The GRI is a direct result of the strong export market growth to the Middle East and Indian Subcontinent and thus a continuous pressure on equipment and space in key export origin locations.

Source: Mearsk line
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