Updated Freight Rates from April 8, 2024: Europe to Far East/Middle East Gulf

Updated Freight Rates from April 8, 2024: Europe to Far East/Middle East Gulf

Updated Freight Rates from April 8, 2024: Europe to Far East/Middle East Gulf

Updated Freight Rates from April 8, 2024: Europe to Far East/Middle East Gulf

Apr 3, 2024

3-4 min read

Updated Freight Rates from April 8, 2024: Europe to Far East/Middle East Gulf

MSC Mediterranean Shipping Company has announced new freight rates effective from April 8, 2024, until further notice. These rates apply to trade routes from Northern Europe, Mediterranean, and Black Sea to Far East and Middle East Gulf ports. In response to market dynamics, MSC has adjusted its pricing structure to reflect changes in the shipping industry. Let's delve into the details of these new rates and their implications for shippers and businesses.

New Freight Rates Overview:

The following table illustrates the new base rates for various port pairs:

Key Points to Note:

  1. Applicability: These rates apply from all ports in Northern Europe, Mediterranean, and Black Sea to all ports in Far East and Middle East Gulf regions.

  2. Subject to Charges: The quoted rates are subject to various charges, including Contingency Adjustment Charge (CAC), Bunker Charges, ETS, THC at Origin, THC at Destination, and Local Charges.

  3. Reefer Rates: Reefer rates are excluded for pharmaceutical products.

  4. Non-Direct Ports: Non-direct ports will be subject to TAO (Terminal Additional On-Carriage) and TAD (Terminal Additional Off-Carriage) charges as applicable.

Updated Freight Rates from April 8, 2024: Europe to Far East/Middle East Gulf

MSC Mediterranean Shipping Company has announced new freight rates effective from April 8, 2024, until further notice. These rates apply to trade routes from Northern Europe, Mediterranean, and Black Sea to Far East and Middle East Gulf ports. In response to market dynamics, MSC has adjusted its pricing structure to reflect changes in the shipping industry. Let's delve into the details of these new rates and their implications for shippers and businesses.

New Freight Rates Overview:

The following table illustrates the new base rates for various port pairs:

Key Points to Note:

  1. Applicability: These rates apply from all ports in Northern Europe, Mediterranean, and Black Sea to all ports in Far East and Middle East Gulf regions.

  2. Subject to Charges: The quoted rates are subject to various charges, including Contingency Adjustment Charge (CAC), Bunker Charges, ETS, THC at Origin, THC at Destination, and Local Charges.

  3. Reefer Rates: Reefer rates are excluded for pharmaceutical products.

  4. Non-Direct Ports: Non-direct ports will be subject to TAO (Terminal Additional On-Carriage) and TAD (Terminal Additional Off-Carriage) charges as applicable.

Updated Freight Rates from April 8, 2024: Europe to Far East/Middle East Gulf

MSC Mediterranean Shipping Company has announced new freight rates effective from April 8, 2024, until further notice. These rates apply to trade routes from Northern Europe, Mediterranean, and Black Sea to Far East and Middle East Gulf ports. In response to market dynamics, MSC has adjusted its pricing structure to reflect changes in the shipping industry. Let's delve into the details of these new rates and their implications for shippers and businesses.

New Freight Rates Overview:

The following table illustrates the new base rates for various port pairs:

Key Points to Note:

  1. Applicability: These rates apply from all ports in Northern Europe, Mediterranean, and Black Sea to all ports in Far East and Middle East Gulf regions.

  2. Subject to Charges: The quoted rates are subject to various charges, including Contingency Adjustment Charge (CAC), Bunker Charges, ETS, THC at Origin, THC at Destination, and Local Charges.

  3. Reefer Rates: Reefer rates are excluded for pharmaceutical products.

  4. Non-Direct Ports: Non-direct ports will be subject to TAO (Terminal Additional On-Carriage) and TAD (Terminal Additional Off-Carriage) charges as applicable.