GRI announcement
Dear Seago Line customer,
Seago Line announces rate increases effective April 1, 2012 in the trades between North Europe and the Eastern Mediterranean.
Increasing fuel cost combined with healthy market volumes and good capacity utilisation warrant a rate increase to bring the market closer to financially sustainable levels. Consequently Seago Line will introduce rate increases starting April 1, 2012.
The details of the increases are:
Effective date
April 1, 2012
Scope
North Europe, Scandinavia, and Baltic ports to/from Cyprus, Egypt, Libya, Israel, Lebanon, Syria and Mersin in Turkey
Rate Increase Southbound
EUR 100/200 per 20’/40’ container for rates in Euro
USD 150/300 per 20’/40’ container for rates in US Dollars
GBP 85/170 per 20’/40’ container for rates in British Pounds
Rate Increase Northbound
EUR 50/75 per 20’/40’ container for rates in Euro
USD 75/100 per 20’/40’ container for rates in US Dollars
GBP 40/65 per 20/40’ container for rates in British Pounds
