GRI on the Adriatic to Eastern Mediterranean
Seago Line announces a General Rate Increase with the effect of 15th of January on the trades between the Adriatic and the Eastern Mediterranean, Israel and Black Sea.
Despite healthy market volumes the current freight levels in combination with increasing costs are not financial sustainable. In response Seago Line will introduce a GRI with effect of 15th of January 2012.
The following GRI levels will be applied:
EUR 50 per container for rates in EUR
USD75 per container for rates in USD