MSC GRI for US to Far East ports
May 14, 2020Scope: US to Far East ports - effective June 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 a service, we are forced to announce the following General Rate Increases (GRIs)
From US Gulf Ports (Houston / Mobile / New Orleans) to Asia / Southeast Asia
Applicable to all service contracts, tariff items and exempt commodities:
• USD 180 per 20’ Dry
• USD 200 per 40’ Dry
Above GRI does not apply for reefer cargo.
Similar Stories
KR, HD KSOE, HD HHI, KSS Line, and Liberian Registry partner to develop safety guidelines for ship-to-ship ammonia bunkering
View Article
Olympic makes big fuel savings to support sustainability goals on first CSOV newbuilds with Ulstein’s TWIN X-STERN® concept
View Article
Conflicting laycan clauses cost shipbroker US$100,000; ITIC steps in
View Article
Maritime appetite for cyber risk notably higher than other key industries, new report reveals
View Article
Yang Ming receives 2024 Sustainability Partner Awards from Union Pacific Railroad
View ArticleCMA CGM Rate Restoration Initiative (RRI) - from Canada West Coast to the Far East
CMA CGM informs that effective December 1st, 2024, the RATE RESTORATION INITIATIVE (RRI) will be updated as follows:
View ArticleGet the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
