Ocean Carriers announce major rate increase from January 1st

on 24 December 2015


Ocean carriers have recently announced that freight rates are to increase by a minimum of US$1000 per TEU (Twenty foot Equivalent Unit) from January 1st and are likely to stick until at least 31st January.

Whilst such increases have been hinted many times previously, it would seem that thgis time the increase will stick. We will update this news item as we hear more ourselves.