Asia-Europe Freight Rate Hikes: Maersk, Hapag-Lloyd, and MSC Updates for April 2024
Asia-Europe Freight Rate Hikes: Maersk, Hapag-Lloyd, and MSC Updates for April 2024
Asia-Europe Freight Rate Hikes: Maersk, Hapag-Lloyd, and MSC Updates for April 2024
Asia-Europe Freight Rate Hikes: Maersk, Hapag-Lloyd, and MSC Updates for April 2024
Apr 8, 2024
3-5 min read
Recently, major players in the shipping industry have announced adjustments to their tariffs, affecting routes connecting key regions of the Asia - Europe corridors. Let's take a closer look at these updates and what they mean for international trade.
Before jumping in, you don't have time and you'd rather want to compare all the updated carrier rates quickly in one view and send quotes to customers effortlessly whenever you have an inquiry? Access Freightify for getting this now!
Maersk, a leading global shipping company, has hoisted its sails with the introduction of a Peak Season Surcharge (PSS) for dry and reefer containers voyaging from North European and Mediterranean countries to Djibouti. Effective from May 4, 2024, this surcharge aims to address the challenges posed by dynamic market conditions and disruptions in global networks. Under this scheme, a flat fee of USD 300 per container will be applied.
Hapag-Lloyd, another heavyweight in the maritime industry, has announced tariff rate adjustments for shipments between the Far East and Europe. Effective from April 15, 2024, ocean tariff rates for Freight of All Kinds (FAK) from the Far East to North Europe and the Mediterranean will experience an uptick. This increase encompasses various container types, including 20’ and 40’ Dry containers, as well as Reefer units. With adjustments ranging from USD 1,600 to USD 4,900 per container, Hapag-Lloyd is ensuring its rates remain competitive while factoring in Marine Fuel Recovery (MFR) and Peak Season Surcharge (PSS).
MSC has come up with new freight all kind (FAK) rates for exports from Asia to the Mediterranean, Adriatic, and Black Sea regions. Effective from April 15 to April 30, 2024, these rates provide clarity and transparency for businesses shipping goods from Asian ports. With rates ranging from USD 3,450 to USD 5,100 per container, MSC is keeping the pricing inclusive base rates and surcharges such as Global Fuel Surcharge (GFS), Carbon Limitation Surcharge (CLS), and Carbon Review Surcharge (CRS).
CMA CGM, a leading force in the shipping industry, has announced new applicable Freight All Kinds (FAK) rates for shipments from Asia to North Europe. Effective from April 15, 2024, these rates offer competitive pricing, with USD 2,200 for 20'GP containers and USD 4,000 for 40'GP/40'HC/40'REEFER containers. These rates apply to cargo types including Dry, OOG, Paying empties, and Reefer units, providing flexibility for businesses across various industries.
Recently, major players in the shipping industry have announced adjustments to their tariffs, affecting routes connecting key regions of the Asia - Europe corridors. Let's take a closer look at these updates and what they mean for international trade.
Before jumping in, you don't have time and you'd rather want to compare all the updated carrier rates quickly in one view and send quotes to customers effortlessly whenever you have an inquiry? Access Freightify for getting this now!
Maersk, a leading global shipping company, has hoisted its sails with the introduction of a Peak Season Surcharge (PSS) for dry and reefer containers voyaging from North European and Mediterranean countries to Djibouti. Effective from May 4, 2024, this surcharge aims to address the challenges posed by dynamic market conditions and disruptions in global networks. Under this scheme, a flat fee of USD 300 per container will be applied.
Hapag-Lloyd, another heavyweight in the maritime industry, has announced tariff rate adjustments for shipments between the Far East and Europe. Effective from April 15, 2024, ocean tariff rates for Freight of All Kinds (FAK) from the Far East to North Europe and the Mediterranean will experience an uptick. This increase encompasses various container types, including 20’ and 40’ Dry containers, as well as Reefer units. With adjustments ranging from USD 1,600 to USD 4,900 per container, Hapag-Lloyd is ensuring its rates remain competitive while factoring in Marine Fuel Recovery (MFR) and Peak Season Surcharge (PSS).
MSC has come up with new freight all kind (FAK) rates for exports from Asia to the Mediterranean, Adriatic, and Black Sea regions. Effective from April 15 to April 30, 2024, these rates provide clarity and transparency for businesses shipping goods from Asian ports. With rates ranging from USD 3,450 to USD 5,100 per container, MSC is keeping the pricing inclusive base rates and surcharges such as Global Fuel Surcharge (GFS), Carbon Limitation Surcharge (CLS), and Carbon Review Surcharge (CRS).
CMA CGM, a leading force in the shipping industry, has announced new applicable Freight All Kinds (FAK) rates for shipments from Asia to North Europe. Effective from April 15, 2024, these rates offer competitive pricing, with USD 2,200 for 20'GP containers and USD 4,000 for 40'GP/40'HC/40'REEFER containers. These rates apply to cargo types including Dry, OOG, Paying empties, and Reefer units, providing flexibility for businesses across various industries.
Recently, major players in the shipping industry have announced adjustments to their tariffs, affecting routes connecting key regions of the Asia - Europe corridors. Let's take a closer look at these updates and what they mean for international trade.
Before jumping in, you don't have time and you'd rather want to compare all the updated carrier rates quickly in one view and send quotes to customers effortlessly whenever you have an inquiry? Access Freightify for getting this now!
Maersk, a leading global shipping company, has hoisted its sails with the introduction of a Peak Season Surcharge (PSS) for dry and reefer containers voyaging from North European and Mediterranean countries to Djibouti. Effective from May 4, 2024, this surcharge aims to address the challenges posed by dynamic market conditions and disruptions in global networks. Under this scheme, a flat fee of USD 300 per container will be applied.
Hapag-Lloyd, another heavyweight in the maritime industry, has announced tariff rate adjustments for shipments between the Far East and Europe. Effective from April 15, 2024, ocean tariff rates for Freight of All Kinds (FAK) from the Far East to North Europe and the Mediterranean will experience an uptick. This increase encompasses various container types, including 20’ and 40’ Dry containers, as well as Reefer units. With adjustments ranging from USD 1,600 to USD 4,900 per container, Hapag-Lloyd is ensuring its rates remain competitive while factoring in Marine Fuel Recovery (MFR) and Peak Season Surcharge (PSS).
MSC has come up with new freight all kind (FAK) rates for exports from Asia to the Mediterranean, Adriatic, and Black Sea regions. Effective from April 15 to April 30, 2024, these rates provide clarity and transparency for businesses shipping goods from Asian ports. With rates ranging from USD 3,450 to USD 5,100 per container, MSC is keeping the pricing inclusive base rates and surcharges such as Global Fuel Surcharge (GFS), Carbon Limitation Surcharge (CLS), and Carbon Review Surcharge (CRS).
CMA CGM, a leading force in the shipping industry, has announced new applicable Freight All Kinds (FAK) rates for shipments from Asia to North Europe. Effective from April 15, 2024, these rates offer competitive pricing, with USD 2,200 for 20'GP containers and USD 4,000 for 40'GP/40'HC/40'REEFER containers. These rates apply to cargo types including Dry, OOG, Paying empties, and Reefer units, providing flexibility for businesses across various industries.