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
19/01
2022
Not a happy start to the New Year for exporters and freight forwarders in India and Asia as the volatility of spot rates and contract rates continues to spill over in 2022.
24/03
2022
The current dysfunctional vessel sailing flow, fuelled by long delays at larger Western ports, is causing greater concerns for Indian shippers and freight forwarders.
19/06
2021
The Atlantic hurricane season runs from June 1 – November 30 and marks one of the seasonal supply chain disruptor events that require a logistics gameplan in advance and ad hoc decision-making once storms appear in the early stages before they develop into hurricanes.