Reuters, 27 May 1009, Harry Suhartono
SINGAPORE, May 27 (Reuters) - Neptune Orient Lines (NOL) (NEPS.SI), the world's seventh largest shipping company, said its container arm APL is planning to raise freight rates on Asia-Europe trade routes starting next month.
APL said it will raise its eastbound Europe to Asia leg by $100 per container for scrap commodities such as paper, while the westbound Asia to Europe trade lane will see a rise of $300 per twenty-foot container for all freight to the Mediterranean and North Europe.
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