Wan Hai pledges 'enforcement' of rate recovery, plus transpacific hikes

WAN HAI Lines announced it "will enforce the rate recovery" on all cargo services between the Far East and India from August 1 of US$100 per TEU, $200 per FEU and 40'high cube.

Taiwan's Wan Hai Lines Ltd and Wan Hai Lines (S) Pte Ltd also plans to levy a transpacific general rate increase from August 15 on cargo from the Far East and the Indian subcontinent to the US of $400 per TEU, $500 per FEU, $565 per 40'HC and $635 per 45-footer.

The increase will apply to all cargo moving under service contract and tariff rates unless otherwise specified, said the company statement.

 (Source: www.schednet.com)