MOL hikes Asia-Mexico/WC South America rate US$600/TEU January 1

JAPANESE shipping giant MOL has announced a US$600 per TEU/$1,200 per FEU rate hike on all cargo from Asia to Mexico and the west coast of South America from January 1.

"Taking this opportunity, we would like to express our sincere appreciation for your continued support and understanding," said the notice to trade, announcing the rate increase.