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MOL Announces GRI

Maritime Activity Reports, Inc.

September 4, 2009

MOL (Mitsui OSK Line), one of the world’s largest shipping lines said it plans a general rate increase for all cargo moving westbound from Asia and the Indian Subcontinent (including Japan) to northern Europe and the Mediterranean. The new rate of $250 per TEU will become effective 1 October 2009, the company said. The GRI is applicable to all commodities and equipment, including reefer containers.

(www.MOLpower.com)

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