K Line Rate Restoration, effective 1st August, 2014

K Line advise that effective from 1st August, 2014, they will introduce a rate restoration programme to restore freight rates to a viable level.

The rate restoration will affect all dry and reefer containers from China, Hong Kong, Taiwan and Korea. The additional amount will be US$300 per TEU. The date of issue of the bill of lading will be the date that determines whether or not the increase applies.

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