MSC to push up European rates
09/03/2022
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 | |||
| 20 DV | 40 DV-HC | 20 DV | 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 |
Source: Container News
