According to me every move has an advantage and a disadvantage. The business success depends on the ability of a company to factor in variables and continue to stand firm.
Tag: OOCL
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Container lines plan hike in shipping rates
Media reports suggest that some of the container lines may raise freight rates in the Asia-Europe trade including ports in the Indian sub-continent. WeeklyInsight learns that some shipping firms also unveiled plans to hike rates from the Far East to North Europe from December. They include Hong Kong’s Orient Overseas Container Line (OOCL), South Korea’s leading flag Hanjin Shipping, China’s Cosco and Emirates Shipping of