OOCL increases rate on Southeast Asia-Australia services

Rate up to US$300 per TEU to ensure high quality services to the region.

To ensure the continued provision of high quality services and sufficient capacity to cater for our customer requirements, OOCL is implementing its revenue recovery programme with effect from October 1, 2010, according to an OOCL report.

Freight rates for traffic from Southeast Asia (Singapore, Malaysia, Thailand, Indonesia, Vietnam, Cambodia, Philippines, Indian Subcontinent and Middle East) to Australia, will be increased by USD 300 per TEU.

Orient Overseas Container Line (OOCL) is a wholly-owned subsidiary of Hong Kong Stock Exchange listed Orient Overseas (International) Ltd. Headquartered in Hong Kong, OOCL provides container transport and logistics service through its more than 280 offices in 55 countries.