Hapag-Lloyd is among the shipping lines pushing through with rate increases on westbound services from Asia from the middle of next month despite falling demand. Photo: EPA
Hapag-Lloyd is among the shipping lines pushing through with rate increases on westbound services from Asia from the middle of next month despite falling demand. Photo: EPA

Exporters to bear brunt as shipping lines raise rates

Container lines will increase freight charges on routes from Asia to Europe and the Middle East next month to boost revenue and profit

Hapag-Lloyd is among the shipping lines pushing through with rate increases on westbound services from Asia from the middle of next month despite falling demand. Photo: EPA
Hapag-Lloyd is among the shipping lines pushing through with rate increases on westbound services from Asia from the middle of next month despite falling demand. Photo: EPA
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