Global container shippers may find it challenging to raise freight rates this month because of oversupply problems caused by slow seasonal demand this quarter, according to reports issued by brokerage houses.
Major container shipping companies in Taiwan, including Evergreen Marine Corp and Wan Hai Lines Ltd, have announced their rate hike programs, or rate restoration plans, which took effect yesterday.
Evergreen Marine, the owner of the nation’s largest container shipper fleet, is set to hike rates for its Far East and Indian subcontinent to Europe and the Mediterranean region by US$450 per twenty-foot equivalent unit (TEU), or by US$900 per forty-foot equivalent unit (FEU).
Read more: Lower demand may quash shipping rates: experts - Taipei Times
Major container shipping companies in Taiwan, including Evergreen Marine Corp and Wan Hai Lines Ltd, have announced their rate hike programs, or rate restoration plans, which took effect yesterday.
Evergreen Marine, the owner of the nation’s largest container shipper fleet, is set to hike rates for its Far East and Indian subcontinent to Europe and the Mediterranean region by US$450 per twenty-foot equivalent unit (TEU), or by US$900 per forty-foot equivalent unit (FEU).
Read more: Lower demand may quash shipping rates: experts - Taipei Times
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