Maersk Line will increase the rates on the northbound trade from the East Coast of South America to Europe. The increase will apply for all dry cargo under Maersk Line tariffs and service contracts as agreed with our customers individually.
The level of increase will be minimum USD 200 per teu and will be effective from February 1, 2007.
The increase is a consequence of the rate erosions experienced in 2006. They intend to restore the rates to a level where they can address cost increases and continue to offer customers reliable and dedicated services in the East Coast of South America to Europe trade.
2007 RATE INCREASES ON ASIA TO SOUTH AFRICA TRADE
Maersk Line and Safmarine (VSA partner) will in 2007 increase rates on the Asia to South Africa trade.
From the Far East to South Africa including the Indian Ocean Islands:
- April 1 USD 150 per teu
- July 1 USD 150 per teu
- October 1 USD 100 per teu
Maersk Line and Safmarine will apply a Peak Season Surcharge from August 1 to November 30 2007.
Transportation costs have increased significantly these last years. The announced rate increases will assist in compensating for these increases and enable Maersk to continue to maintain and develop reliable and dedicated services on the Asia - South Africa trade.