Currently, ocean freight rates continue to be below the required level to cover basic operating costs or transportation costs on OOCL North Europe to Asia Trade. Considering that the current levels are unsustainable for the long term, the company announced General Rate Increase (GRI) which will be applied to all cargo loading on or after June 15th.
    The GRI, which is required in order to maintain a viable service level and a comprehensive liner network for all of OOCL customers, is as follows: US$200 per 20ft or 40ft container.

(source:transportweekly)