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Customers can expect new rate increases on the Pacific in coming weeks

For the rest of the month, rates on the Pacific Ocean from Asia to the US West Coast are set to rise further in an already overheated container market, predicts Sea-Intelligence.

Photo: Kin Cheung/AP/Ritzau Scanpix

Customers will likely have to pay even more to have a container freighted on the Pacific in coming weeks in an already soaring container market.

According to current indications, rates from Asia to the US West Coast (Asia-USWC) looks set to increase by a further 20 percent over the next month, estimates a report from Sea-Intelligence.

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