8.5 C
Hamburg
Wednesday, February 21, 2024
Home Freight News MSC announces rate increases in Europe

MSC announces rate increases in Europe

The largest container line in the world Mediterranean Shipping Company (MSC) has announced the implementation of new Freight All Kinds (FAK) rates in Europe, effective from 1 March but not beyond 31 March.

MSC will set a FAK rate increase from the Italian ports of Genoa and La Spezia to Montreal and Vancouver in Canada, as well as to the Mexican ports of Veracruz and Ensenada.

This increase of US$1,000 per container, will be applied in all 20', 40' dry van (DV) and high cube (HC) boxes, forming the new prices as follows:

All prices are in US$.

In addition, the global ocean carrier will push up its FAK rates for cargoes from the Indian ports of Nhava Sheva, Ennore, and Kolkata, as well as the Port Qasim in Pakistan, to the Port of Antwerp in Belgium.

The updated prices that will be set in all 20', 40' DV, HC and high cube reefer (HR) containers, will be the following:

All prices are in US$.




Latest Posts

Unlocking the Advantages of MERV Filters for Your Home

In the quest for a healthier and more comfortable indoor environment, many homeowners are turning their attention to the air quality within their living...

Hapag-Lloyd introduces new rates from Indian Sub to North Europe

Hapag-Lloyd is implementing tariff rate adjustments for shipments from the Indian Subcontinent to North Europe. These adjustments will come into effect for sailings commencing on...

Maersk completes largest infrastructure investment in New Zealand with new cold chain facility

A.P. Moller-Maersk marked the inauguration of its cutting-edge integrated cold chain facility at the Ruakura Superhub, reaffirming Hamilton's pivotal role as a central hub...

HMM earns ‘A-‘ environmental rating from CDP

HMM has been honoured for its commitment to sustainability and transparency in addressing climate change by the global environmental organization CDP, achieving an ‘A-’...

Expanding supply to put brakes on rates

A rise in container capacity will halt the increase in freight on the major east-west trades according to Drewry’s latest tool, the Container Capacity Insight...