COSCO Container Lines announces Rate Restoration for Far East to Red Sea trade
COSCO Container Lines announces in its press release Rate Restoration for all shipments from Far East to Red Sea Trade as following schedule:
200 USD per TEU effective from December 1, 2013
200 USD per TEU effective from December 15, 2013
300 USD per TEU effective from January 1, 2014
Far East include: China Mainland, China Hong Kong, China Taiwan, China Macao, Philippines, Vietnam, Thailand, Malaysia, Singapore, Indonesia, Korea, Brunei, Cambodia, Myanmar and Bangladesh.
Red Sea include: Saudi Arabia (Red Sea Coastal), Yemen, Jordan, Egypt (Red Sea Coastal), Sudan.