MOL raises Europe – Southern Africa rates

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Tokyo:  Mitsui OSK Lines (MOL) has announced a rate increase on its Europe �" Southern Africa routes in order to remain sustainable. “We are committed to maintaining high service levels even during these difficult economic times,” Colin de Souza, MOL General Manager, North South Trade told Anderimar Shipping News. “However, the cost of maintaining these levels is no longer sustainable at the present freight rates.”
De Souza says that MOL has already undertaken as many measures as possible to become more efficient and cost-effective within its own organisation. “So, like many of our customers, we know what it is like to face difficult times.
MOL has informed customers that a general rate increase of US$200 per TEU will apply from the beginning of October on both north and southbound legs.
MOL’s weekly SRX Europe North Continent - Southern Africa service calls Rotterdam, Tilbury, Bremerhaven, Las Palmas, Cape Town, Pt. Elizabeth and Durban.  [26/08/09]