Hong Kong's Orient Overseas Container Line (OOCL) will levy a US$900 per TEU rate increase from September 1 on westbound traffic from Far East (excluding Japan) to North Europe, the Mediterranean and Black Sea.

"In order to continue providing quality and sustainable services, we are announcing a Rate Restoration Programme in the Asia Europe Trade. Thank you for your understanding and continued support of OOCL," said the company statement.

Source:Shipping Online.cn