MSC BRC and GRI
Feb 07, 2020
Scope: US to ECSA
Bunker Recovery Charge - BRC
Effective March 1st, 2020, From: All US ports of loading to Brazil, Argentina, Uruguay and Paraguay
SCOPE: US & Puerto Rico to India Subcontinent, Middle East and Red Sea
General Rate Increase - GRI
Effective March 15th, 2020
Steamship lines are once again challenged to maintain service profitability since freight rates are at levels that are no longer sustainable.
In order to maintain such service, we are forced to announce the following General Rate Increase (GRI) effective March 15th, 2020 for all export cargo originating from USA & Puerto Rico to Indian Subcontinent, Middle East and Red Sea as follows:
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