Geneva's Mediterranean Shipping Company has announced it will impose a freight rate increase on cargo from Europe to the Far East and Middle East due to more demand for export cargoes.
Cargo from northern Europe will face a rate rise of US$50 per TEU and $100 per FEU for dry containers and $250 per TEU and $500 per TEU for refrigerated boxes starting from March 1.
Source: http://www.schednet.com