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OOCL to increase Asia - Europe rates

OOCL to increase Asia - Europe rates

Hong Kong: Orient Overseas Container Line (OOCL) is set to increase box rates from Asia to Europe.

The Hong Kong-headquartered line said would increase rates from Asia to Europe by $700 per teu from 15 March.

The planned increase covers shipments from the Far East, including Japan, Indian Sub-Continent and Middle East to North Europe, the Mediterranean and the Black Sea.