Tuesday, April 13, 2010

Evergreen Container Shipping Freight Rates To Be Restored

Another Increase Scheduled From 1st May
Shipping News Feature

TAIWAN - Evergreen Line, operators of the fourth largest container fleet in the world, with over 180 ships by capacity of approximately 650,000 TEU, today announced they have decided to implement the general rate restoration programme on certain routes commencing the 1st May 2010.

The rate increases will apply to Europe and Mediterranean to Far East (including Japan and Australia) and Indian Sub-Continent /Middle East (Red Sea and Gulf) Eastbound Trades and will be $250 for 20 foot, 40 foot and 40 foot HQ boxes and will apply to all cargo and commodities, including reefers and special equipment.

The announcement follows a similar increase effective from the 1st April which applied to the same markets and reflects the mood and likely actions of other container carriers in the same trade areas.

Whilst speaking of Evergreen the rest of the freight press seems obsessed with a recent story telling of the groups intention to purchase “100 new container ships”, readers are advised they are probably best to read the Handy Shipping Guide article on the subject – published last October.