MSC announced a General Rate Increase (GRI) effective July 15th, 2021 for all cargo, equipment sizes/types, dry, reefers and special equipment originating from USA West Coast Ports (Long Beach, Oakland and Seattle) to Indian Subcontinent, Middle East and Red Sea as follows:
This will be applicable for all shipments from US ports & Puerto Rico to: Red Sea (Yemen, Jordan, Djibouti, Saudi Arabia, Egypt (Sokhna), Sudan); Middle East (Bahrain, Kuwait, Oman, Qatar, United Arab Emirates, Iraq); Indian Subcontinent (India, Pakistan, Sri Lanka, Bangladesh, Maldives).
The US-Iran MOU is driving a gradual Hormuz reopening; Iran and the US have opened a hotline between the two to facilitate the restart, with Iran also aiming to assert…
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