Hanjin Shipping announces rate restoration for Asia-Europe trade

Hanjin Shipping has announced a rate restoration plan for Asia-Europe trade as of 13 January 2013.

The rate is $ 350 for a TEU and $ 700 for FEU and applicable on routes Far East Asia and South East Asia to North Europe, Baltic and Scandinavia, IPBC and Middle East to North Europe and Baltic and Scandinavia, Far East Asia and South East Asia to Mediterranean, North Africa; and IPBC and Middle East to Mediterranean, North Africa.