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MSC to push up European rates

Mediterranean Shipping Company (MSC) has announced the introduction of new Freight All Kinds (FAK) rate increases that will be implemented from and to European ports and will be effective from 1 April but not beyond 30 April.

Firstly, the Geneva-headquartered ocean carrier will set FAK rate increases in sailings from the ports of Melbourne and Auckland in Oceania to the ports of Antwerp and Valencia, in Belgium and Spain, respectively.

The new prices after the increase, which will be introduced in all 20′, 40′ dry van (DV) and high cube (HC) containers, will be as follows:

Port of loading Port of discharge Commodity Rate
20 DV
Rate

40 DV

Rate

40 HC

BRC

20 DV

BRC
40 DV
BRC
40 HC
Melbourne Antwerp Freight All

Kinds (FAK)

8,500

11,000

11,000

439

878

878

Melbourne Valencia Freight All

Kinds (FAK)

8,500

11,000

11,000

439

878

878

Auckland Antwerp Freight All

Kinds (FAK)

9,000

11,500

11,500

439

878

878

Auckland Valencia Freight All

Kinds (FAK)

9,000

11,500

11,500

439

878

878

 

Furthermore, MSC will apply FAK rate increases in shipments from European ports to the United States, and particularly, from Genova, La Spezia, Antwerp and Bremerhaven to New York and Long Beach.

The newly formed prices that will be set in the aforementioned types of cargo will be the following:

Port of loading

Port of discharge

Commodity

New Base Rates

Former Base Rates

BRC

Base rate    20 DV

Base rate     40 DV-HC

Base rate    20 DV

Base rate     40 DV-HC

20 DV

40 DV-HC

Genova

New York

Freight All Kinds (FAK)

9,500

13,500

8,500

11,500

448

896

La Spezia

Long Beach

Freight All Kinds (FAK)

13,000

18,500

11,000

14,500

621

1’242

Antwerp

New York

Freight All Kinds (FAK)

8,000

10,000

7,000

8,000

448

896

Bremerhaven

Long Beach

Freight All Kinds (FAK)

10,500

13,500

8,500

9,500

621

1’242

 





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