Rates update, week 51: GRIs boost prices, with more to come in January
Container spot rates on the transpacific trades shot up this week, on the back of ...
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We have been notified by our principal China Shipping Container Lines that in accordance with the current market situation a GRI (General Rate Increase) of USD 525 per TEU will be implemented on the Far East to Europe & Mediterranean westbound trade with effect from 1st November 2012 (B/L Date).
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