Maersk Reefer Rate Increase

Reefer Rate Restructure
On October 1, 2012 · In Advisories, Export, Import, Rate & Surcharge
Dear Valued Customers,

Please be advised that we will increase the reefer base rate by USD 1500 per forty foot equivalent unit (FFE) across the globe effective January 1, 2013.

Transporting refrigerated cargo is an important business for Maersk Line, and we have played a significant role in developing the reefer service industry. We would like to continue to maintain the current scale and scope of services we have on offer, so that you can build your supply chain around a consistent reefer flow.

But refrigerated containers are almost four times as costly to build as dry containers and associated expenses such as plugs, bunker cost and R&D put pressure on costs. We are committed to our reefer customers and would like to continue investing in reefer equipment, but the current rates do not make it financially sustainable for us to do so. Given this scenario, we have decided to no longer invest in reefers in 2013.

We understand the significance of this increase and the impact to you, but this will provide us with the returns we need to further invest in the growing demands of the segment and cater to your requirements.

Our local sales and customer service representative will reach out to you to engage in discussions or address any queries that you may have.

Regards,
Maersk Line