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Venezuela General Rate Increase (GRI) March 01, 2020

Jan 24, 2020

Dear Valued Customers:

In an effort to maintain the stable service offerings that the shipping public is accustomed to,
King Ocean wishes to advise the trade that a General Rate Increase in the following amounts will
apply from all origin Ports and Points to Venezuela Ports.

Effective March 1, 2020

Per 20’ Dry $50

Per 40’ Dry or Reefer $100

Per 45’ Dry $200

LCL/BBK $10 per m3

Truck/Bus/Trailer $20 per Linear Foot

This increase will apply on all open tariff and service contract rate items.

For more information please check our website: www.kingocean.com or call Customer Service at: Miami: 305.591.7595

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