Shipping company’s price increase notice! Are these routes going to increase? MSC launches diamond-level freight rates again!
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Recently, major shipping companies have announced that they will adjust freight rates on Asia-Europe routes.
On October 14, MSC, the world's largest shipping company, announced that it would launch a new Diamond Class (DT) freight rate for exports from Asia to Europe.
The new rates are from November 1, 2024, but no later than November 14, 2024, from all Asian ports (including Japan, South Korea and Southeast Asia) to Northern Europe, and are in US dollars unless otherwise stated.
The details are as follows:
MSC also announced that it will implement new FAK rates on Asia to Mediterranean routes.
The new rates will be effective from November 1, 2024, but no later than November 14, from all Asian ports (including Japan, South Korea and Southeast Asia) to Europe, and are priced in US dollars unless otherwise stated.
The details are as follows:
Prior to this, Maersk and Hapag-Lloyd also issued announcements that they would gradually increase freight rates on Asian routes.
Maersk recently announced that it will increase the freight rates (FAK) for routes from the Far East to Northern Europe and the Mediterranean, effective from November 4.
Far East to Northern Europe route:
The charges from the Far East to Rotterdam, the Netherlands are: USD 2,925/TEU, USD 4,500/FEU
The charges from the Far East to Gdansk, Poland are: US,000/TEU, US,600/FEU
The charges from the Far East to Felixstowe, UK are: USD 2,925/TEU, USD 4,500/FEU
The charges from the Far East to Aarhus, Denmark are: US,000/TEU, US,600/FEU
The charges from the Far East to Gothenburg, Sweden are: US,000/TEU, US,600/FEU
The charges from the Far East to Oslo, Norway are: US,200/TEU, US,900/FEU
Far East to Mediterranean route:
The charges from the Far East to Barcelona, Spain are: US,150/TEU, US,500/FEU
The charges from the Far East to Istanbul, Turkey are: US,220/TEU, US,600/FEU
The charges from the Far East to Koper, Slovenia are: US,150/TEU, US,500/FEU
The charges from the Far East to Haifa, Israel are: US,150/TEU, US,500/FEU
The charges from the Far East to Casablanca, Morocco are: US,990/TEU, US,700/FEU
In addition, another shipping giant, CMA CGM, also recently announced a freight recovery plan (RRI) with an effective date of November 1.
This adjustment applies to places from Canada to the Indian subcontinent, the Middle East Gulf, the Red Sea, mainland China, Hong Kong, Macau and Northeast and Southeast Asia.
