OOCL ups Japan/China-NZ rate US$250/TEU - $150/TEU from Singapore

5/19/2014 8:31:49 AM

HONG KONG's Orient Overseas Container Line (OOCL) has announced a US$250 per TEU increase in freight rates for cargo from Japan, Korea, China, Taiwan and Hong Kong bound for New Zealand starting July 1.

Rates will also be increased US$150 per TEU at the same time for cargo from Singapore, Indonesia, Malaysia, Philippines, Thailand and Vietnam bound for New Zealand.