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
04/10
2021
As members of ASEAN (Association of Southeast Asian Nations), Vietnam and Singapore are signatories to various free trade agreements (FTAs), presenting them with significant cooperation potential to tap pacts with the EU and the UK, especially since their strong products do not compete directly with each other.
30/07
2022
French container line CMA CGM has implemented a hefty surcharge on overweight containerised shipments moving from India to the US and Canada.
12/04
2022
Mediterranean Shipping Company (MSC) has decided to start new direct service from South China to Chittagong amid a severe logjam created in transhipment ports in Colombo and Singapore.