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:
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: