Summary
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The 1 September GRI wave extends beyond the transpacific. HMM announced a USD 3,000 per 40-foot container General Rate Increase on its transpacific eastbound trade, though it notes application stays subject to market conditions. Meanwhile PIL and ZIM filed Asia-Oceania GRIs effective 1 September-USD 500 per TEU to Australia and USD 300 per TEU to New Zealand-signalling broad-based September pricing pressure.