MOL (Mitsui OSK Line), one of the world’s largest shipping lines said it plans a general rate increase for all cargo moving westbound from Asia and the Indian Subcontinent (including Japan) to northern Europe and the Mediterranean. The new rate of $250 per TEU will become effective 1 October 2009, the company said. The GRI is applicable to all commodities and equipment, including reefer containers.
(www.MOLpower.com)