MOL Announces GRI on Europe –S. Africa

Tuesday, August 25, 2009

MOL (Mitsui O.S.K. Line) announced a general rate increase (GRI) on its Europe – Southern Africa trade.
 
“We are committed to maintaining high service levels even during these difficult economic times,” said Colin de Souza, MOL General Manager, North South Trade. “However, the cost of maintaining these levels is no longer sustainable at the present freight rates.”
 
Mr. de Souza explains that MOL has already undertaken as many measures as possible to become more efficient and cost-effective within its own organisation. MOL has informed customers that a GRI of $200 per TEU will apply from the beginning of October on both north and southbound legs.
 
MOL’s weekly SRX Europe North Continent – Southern Africa service calls Rotterdam, Tilbury, Bremerhaven, Las Palmas, Cape Town, Pt. Elizabeth and Durban

(www.molpower.com)


Container Ships

BG Freight Line Orders Four Containerships

BG Freight Line, a fully owned subsidiary of Peel Ports Group, is to receive new tailor-made short sea container feeder vessels optimized for the company’s Irish Sea Hub services.

Mobile Crane for ICTSI Congo

Matadi Gateway Terminal (MGT), the new container and general cargo terminal on the Congo River, DR Congo, has received the first of two new mobile cranes scheduled to go into service at the terminal.

NordLB to Shed Shipping Loans to KKR

German state-owned lender NordLB and KKR Credit said they had reached an agreement by which KKR Credit will acquire a $1.5 billion portfolio of shipping loans from

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Offshore Oil Pipelines Pod Propulsion Salvage Ship Electronics Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0785 sec (13 req/sec)