MSC to push up Oceania – Europe rates

Mediterranean Shipping Company (MSC) has announced the implementation of new Freight All Kinds (FAK) rate increases that will be applied from Oceania to Europe.

In particular, the Geneva-based shipping line will increase its rates for containers travelling from the Ports of Auckland in New Zealand and Melbourne in Australia, to the European ports of Antwerp and Valencia.

Hence, the elevated prices that will take effect from 1 February but not beyond 28 February, will be as follows:

Source: Container News


Related News

Freight rates lose gains after three weeks
Freight rates lose gains after three weeks

Long-haul freight rates have given way to the lack of capacity discipline, as the Shanghai Containerized Freight Index (SCFI) lost ground after three weeks of gains.

Chronic delays in European intermodal traffic as barge congestion returns
Chronic delays in European intermodal traffic as barge congestion returns

Significant congestion has returned to plague Europe’s inland waterways, and following last month’s flood damage there is concern over an absence of alternative routes.

Hapag-Lloyd’s H1 profit increases almost tenfold
Hapag-Lloyd’s H1 profit increases almost tenfold

Hapag-Lloyd has achieved outstanding performance in financial terms during the first half of 2021, as it has benefitted from strong container demand and skyrocketing freight rates, according to the company's CEO, Rolf Habben Jansen.


main.add_cart_success