Lines in pricing plan deal

News-in-print

Fifteen container carrying lines trading with Europe will change the way that they announce their general rate increases (GRIs). The move, which has been agreed with the European Commission (EC), follows a probe of more than four years by the authority’s competition directorate into the pricing practices of carriers, including CSCL, CMA CGM, Coscon, Evergreen, Hamburg Süd, Hanjin Shipping Co, Hapag-Lloyd, Hyundai Merchant Marine, Maersk Line, MOL, MSC, NYK Line, OOCL, UASC and Zim.

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