MSC GRI postponed for from Middle East / ISC to USA

Apr 27, 2020

Postponed to May 1st, 2020

Steamship lines are once again challenged to maintain service profitability since freight rates are at levels that are no longer sufficient given current costs. MSC announced the following General Rate Increase (GRI) effective May 1st, 2020 as below:

From: Saudi Arabia (only Dammam & Jubail), Bahrain, Kuwait, Iraq, Qatar, Oman, United Arab Emirates, India, Pakistan, Sri Lanka, Maldives

To: USA and Puerto Rico

USD 400 per 20' Equipment
USD 500 per 40' Equipment
USD 500 per 40'HC Equipment

Reefers and SOC & SOT are subject to the announced increase.

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