Steamship lines are once again challenged to maintain service profitability since freight rates are at levels that are no longer sufficient given current costs.

Mediterranean Shipping Company is committed to provide our shippers with a value-added competitive service.
In order to maintain such a service, we are forced to announce the following General Rate Increase (GRI) effective February 1st, 2019 as below;
Cargo from: Saudi Arabia (only Dammam & Jubail), Bahrain, Kuwait, Iraq, Qatar, Oman, United Arab Emirates, India, Pakistan, Bangladesh, Sri Lanka, Maldives
To: USA and Puerto Rico:
USD 450 => per 20’ Equipment
USD 550 => per 40’ Equipment
USD 550 => per 40’HC Equipment
Reefers and SOC & SOT are subject to the announced increase.

SCOPE: From All USA Ports of Loading to Brazil, Argentina, Uruguay and Paraguay
BRC – Bunker recovery Charge – USA TO ECSA effective 2/1/2019
As we continue to monitor the bunker costs, the new BRC (Bunker Recovery Charge) levels applicable for ECSA SOUTHBOUND effective FEBRUARY 1ST, 2019, will be the following:

*BRC is monthly updated using a coefficient of 0.25 on the NYC/HOUSTON & SANTOS 380 CST AVERAGE