APL boss sees urgent need to increase freight rates
Shipping lines have to raise charges and cut costs from APL’s view The shipping of containers must become more expensive on all routes. This was pointed out by Eng Aik Meng, President of the APL container shipping company ( According to the Head of APL the container shipping industry is currently experiencing a bad situation. “On many routes freight rates don’t even cover costs for the vessels in use“, the Manager confirmed the complaints of his colleagues from the industry. |