MSC redirects mega ships to Med and West Africa amid North Europe trade decline

MSC Mediterranean Shipping Company has announced new Freight All Kinds (FAK) base rates for shipments from the Far East.

MSC has diverted its 19,000 – 24,000 TEU vessels from the Asia-North Europe trade in response to tanking rates, and shifting these boxships to the Asia-West Africa and Asia-Mediterranean routes where the rates are much higher, according to Alphaliner’s report.

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