German container shipping firm Hapag-Lloyd AG has issued a notice to hike rates by $1,000 (Rs50,400) for a 20ft container and by $2,000 for a 40ft container to Europe beginning 1 April. Japan’s Kawasaki Kisen Kaisha Ltd has announced a rate hike of $350 for a 20ft container and $700 for a 40ft container from mid-March. APL, the container shipping arm of Singapore’s state-owned Neptune Orient Lines Ltd, will also hike rates by $250 for a 20ft container and $500 for a 40ft container from 1 April.
http://www.livemint.com/2009/02/27001341/To-stay-afloat-firms-to-hike.html
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