Maersk Line will be implementing a rate restoration on the westbound
Transatlantic and Canadian trade from North Europe
to North America. The
increase will apply for all cargo under Maersk Line independent tariffs and
service contracts as agreed with our customers individually. The targeted
level of increase will be a minimum of $300 per container and will be
effective at the latest by 1 January 2007.
Recent market developments have caused rate levels to deteriorate to
unsustainable levels, while we are facing increased cost pressures, and the
increase will ensure that current service levels can be maintained.