SHIPPING RATES START TO CREEP UP.
Carriers are implementing a 15-20% increase in anemergency bunker (fuel) surcharge for shipments within southeast Asia, southAsia and west Asia, effective Mar. 1. The increase is an indirect effect of thetensions in the Middle East; higher fuel prices necessitate a rate rise.Depending on origin and destination, the increase runs roughly in the $20-42per teu range. Needless to say, the intra-Asia routes are used to move inputsaround. Should ... Log in to view full article.
