Mediterranean Shipping Company Announces Rate Increases

MSC Mediterranean Shipping Company wishes to advise clients that in view of expected market conditions and increased operating costs, we have decided to implement a General Rate Increase (GRI) for the following areas:

Southbound and northbound cargo to be shipped between North Europe and the West Coast of South America as follows:

West Coast of South America to North West Continent (Northbound dry cargo – no reefers):

• USD 200 per 20′
  
• USD 300 per 40′

GRI applies as from March 1st, 2012 vessels:

• MSC PILAR           VOY 1209R
• CSAV LARAQUETE      VOY 1209R

North West Continent/UK to West Coast of South America (Southbound dry cargo – no reefers):

• EUR 150 per TEU
  

GRI applies as from March 20, 2012 vessels:

• MSC LORENA VOY 1212 A
• CSAV LARAQUETE      VOY 1211

Mediterranean to South America East Coast, effective as of the 1st of March, 2012, as follows:

EUR € 150 per TEU

Applicable as from the following vessels:

• MSC Soraya 1209A
• MSC Brindisi 1209A

Bunker Contribution (BUC) for all cargo between North Europe & Mediterranean and SAWC & Central America / Venezuela ports effective as of March 1st, 2012 as follows :

NWC & Med. to SAWC :

• EUR â‚¬ 610 per TEU for DV
• EUR â‚¬ 685 per TEU for Reefer

SAWC to NWC, Med. & Relay :

• USD 895 per TEU for DV
• USD 995 per TEU for Reefer

NWC & Med. to Central America & Venezuela :

• EUR â‚¬ 510 per TEU for DV
• EUR â‚¬ 585 per TEU for Reefer

Central America & Venezuela to NWC, Med. Relay :

• USD 795 per TEU for DV
• USD 895 per TEU for Reefer