MOL to levy US$150/TEU rate hike on cargo for southern Africa on August 1


JAPAN's MOL has announced a general rate increase (GRI) covering cargo transported from Asia to southern Africa from August 1.

The GRI will be US$150 per TEU and $300 per FEU, applicable for cargo carried from Asia, the Indian subcontinent and Middle East to southern Africa, including South Africa, Lesotho and Zimbabwe.

Source- Schednet

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