MOL to levy US$300/TEU hike on cargo for southern Africa Nov 1

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

The GRI will be US$300 per TEU and $600 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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