MSC implements fresh charges in Europe
The Swiss shipping company MSC will apply fresh surcharges to several European ports "due to the strong demand of containers and consequent difficulties to supply needed equipment", taking effect in September and October.
Particularly, the Geneva-based liner operator will impose a Peak Season Surcharge (PSS) from Northwestern (NWC) Europe, ScanBaltic, West Mediterranean, Adriatic and Canary Islands to all coasts of the United States (US) and the Caribbean.
The charge will be US$500 per TEU and US$1,000 per FEU, forming the new prices to US$2,200 and US$2,700 respectively, for all types of cargo, and will begin on 1 October.
On the same date, MSC will set a PSS from the same European places to Canada and Mexico, which will be US$500 per TEU and US$1,000 per FEU.
The new rates will therefore be US$1,500 and US$2,000 accordingly, for all types of containers.
Furthermore, the major shipping line will implement the following Freight All Kinds (FAK) rate increases for all 20', 40' standard and high cube boxes from Australia and New Zealand to the European ports Antwerp and Valencia.
All prices are in US$.
This increase will be applicable from 20 September but not beyond 30 September.
Source: Container News
Related News
24/12
2021
The vast majority of the largest and busiest container ports in the world are located in Asia. The continent is a crucial part of the global supply chain, which has been proven during the Covid-19 period with local lockdowns in Asian ports affecting heavily the global trade.
17/08
2021
As China fights Covid outbreaks in key industrial centers, increasing delays on the country's main trade routes threaten the supply chain.
20/06
2022
US president Joe Biden signed into law the Ocean Shipping Reform Act (OSRA) on 16 June, which authorizes appropriations for the Federal Maritime Commission (FMC) for fiscal years 2022 through 2025.