OOCL is announcing a General Rate Increase on their Trans-Atlantic Trade with effect from October 1, 2013. The General Rate Increase will be as follows:

US$150/20' and US$200/40'/45' for Eastbound and Westbound dry cargo on all the routes/loops offered between Europe and the United States East and Gulf Coasts, Canada and Mexico.

US$375/20' and US$500/40'/45' for Westbound dry cargo on all the routes/loops offered from Europe to the United States West Coast.

US$250/20' and $300/40'/45' for Eastbound dry cargo on all the routes/loops offered from the United States West Coast to Europe.

These increases are essential given the declining revenue OOCL is currently experiencing in order to sustain their current services for this trade.