RATES ON ALL LANES ARE IN CHAOS

Mar 13,2008 by JC LOGISTICS

1. Lack of cargo on all lanes. The rates are in chaos, especially for Europe, Mediterraneans area and Middle East.
2. Hapag Lloyd will increase THD by USD5/TEU on Australia Lane from 12th Mar.
3. CSAV stopped to accept cargo to Piraeus/Thessaloniki because of the severe congestion in Greece ports; CSCL began to charge PCS at USD150/TEU for Greece ports from the no. 8 week of this year.
4. MSC started a new service to Tripoli port in Libya from the end of Feb.

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RATES ON ALL LANES ARE IN CHAOS