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Jun.07--Hyundai Merchant Marine will boost rates on its trade from Asia to North Europe, effective July 1.
The hike will be $1,000 per 20-foot-equivalent unit and $2,000 per 40-foot-equivalent unit, the container line said.
Maersk Line, CMA CGM, Mediterranean Shipping Co., Hapag-Lloyd, OOCL and United Arab Shipping Co. have also planned Asia-to-North Europe rate hikes for July 1, despite recent declining rates in the trade lane.
(Source:JOC)
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