FAK rates

Trans Pacific Spot Rates Sharpen With Container Premiums & Cargo Crashes

  • Trans-Pacific eastbound spot container shipping rates rises above $15,000/FEU.
  • Shippers have bid high from Asia to the US East Coast as they become increasingly worried about moving cargoes out of rapidly filling Asian warehouses and factories.

Shippers have bid trans-Pacific eastbound spot container shipping rates above $15,000/FEU from Asia to the US East Coast as they become increasingly worried about moving cargoes out of rapidly filling Asian warehouses and factories, reports S&P Global...

https://mfame.guru/trans-pacific-spot-rates-sharpen-with-container-premiums-cargo-crashes/

Carriers Holding Upper Hand Riding High on Spot Rates

According to a Loadstar article written by Gavin van Marle, container shipping spot rates on the main deepsea east-west trades this week maintained the historic highs seen in recent weeks.

Carriers Upper Hand

Today’s Shanghai Containerised Freight Index demonstrates that carriers continue to hold the upper hand as the annual round of contract negotiations on the Asia-Europe trades looms.

  • The SCFI’s Shanghai-North Europe route ticked up $16 per teu to end the week on $1,100 per teu, while the...

https://mfame.guru/carriers-holding-upper-hand-riding-high-on-spot-rates/

Container Shipping Giants Announce Revised Service Charges

  • CMA CGM’s increased freight of all kinds (FAK) rates will be in effect from 1 September and not beyond 30 September.
  • The Marseille-based carrier will apply the following FAK rates, effective from 3 September.
  • Bejaia port in Algeria faces severe congestion and takes between seven-10 days on the current vessel berthing sequences.
  • CMA CGM adds a port congestion surcharge of US$100/€85 per TEU to Bejaja port for all the shipments, except those from the US.
  • Hapag-Lloyd has announced an increase in...

https://mfame.guru/container-shipping-giants-announce-revised-service-charges/

Maersk pushes up Shanghai FAK rates

Maersk has announced an increase in its FAK (freight of all kinds) rates, effective from 1 April 2020, until further notice, but not beyond 14 April 2020.

Origin Destination Commodity 20DC 40DC 40High

Shanghai, CN

Shanghai, CN

Shanghai, CN

Shanghai, CN

Shanghai...

Rotterdam, NL

FAK

1200 US$

2200 US$

2250 US$

Gdansk, PL

FAK

1200 US$

2200 US$

2250 US$

Felixstowe, GB

FAK

1200 US$

2200 US$

2250 US$

Aarhus, DK

FAK

1225 US$

2250 US$

2300 US$

https://container-news.com/maersk-pushes-up-shanghai-fak-rates/

Maersk unveils rates upturn from South East Asia

Maersk Line is announcing an increase in FAK rates (Freight All Kinds) from South East Asia to Mombasa and Dar es Salaam, effective from 1 April 2020 and until further notice, but not beyond 14 April 2020.

Origins Destinations Commodity 20DC 40DC 40High

Jakarta

Tanjung Pelepas

Ho Chi Minh

Laem Chabang

Jakarta

Mombasa

FAK

750

1450

1450

Mombasa

FAK

750

1550

1550

Mombasa

FAK

900

1750

1750

Mombasa

FAK

750

1500

1800

Dar es Salaam

FAK

https://container-news.com/maersk-unveils-rates-upturn-from-south-east-asia/

CMA CGM announces fresh Asia rates

CMA CGM applies new freight of all kinds (FAK) rates as follows as from 1 April 2020 (date of loading in the origin ports) until further notice:

Basic Freight 20′ 40′ 40’Reefer
Shanghai to Pointe des GaletsUS$ 1,048US$ 1,846US$ 4,600

These new FAK rates will apply as follows:

  • Origin Range: Asia ports, including China, Taiwan, South Korea, Southeast Asia, East Coast of India, Bangladesh, Sri Lanka
  • Destination Range: Pointe des Galets (Reunion)

In addition, CMA CGM informs of the...

https://container-news.com/cma-cgm-announces-fresh-asia-rates/

Rates Not a Concern To Shippers! Desperate To Get Their Exports To Market

  • Rates hold steady as shippers prioritise getting exports to market and the comprehensive index of the SCFI edged down just 1.3% this week.
  • Trend shows for now, rates are less important to shippers desperate to get their exports to market.
  • Manufacturing in China is recovering from the coronavirus outbreak lockdowns, still container transport reports “scarce and expensive”.
  • CMA CGM announced a $500 increase on its FAK rate from Asia to North Europe to $2,500 per 40ft and a PSS of $300 per...

http://mfame.guru/rates-not-a-concern-to-shippers-desperate-to-get-their-exports-to-market/

Maersk increases prices from Europe to US and Canada

Maersk has announced an increase in FAK rates (Freight All Kinds). Below are the FAK rates for a sample list of corridors, commodities and container types where the rate increase is effective.

Origin Destination Commodity 20DC 40DC 40High

Genoa, IT

Ambarli, TR

Algeciras, ES

Genoa, IT

Newark, NJ, US

FAK

1085 US$

1301 US$

1301 US$

Newark, NJ, US

FAK

1406

US$

1787 US$

1787 US$

Newark, NJ, US

FAK

1456 US$

1937 US$

1937 US$

Montreal, CA

FAK

800...

https://container-news.com/maersk-increases-prices-from-europe-to-us-and-canada/

CMA CGM announces new prices from North Europe

CMA CGM has announced that freight of all kinds (FAK) rates out of North European ports will increase as from 1 April 2020 (date of loading in the origin ports) until further notice:

  • Origin Range: From North European base ports (direct on CMA CGM services)
  • Destination Range: To Gulf and Red Sea ports mentioned above (direct on CMA CGM services)

CMA CGM has also applied a new peak season surcharge (PSS) from 17 March 2020 (date of loading in the origin ports) until further notice. The rates are...

https://container-news.com/cma-cgm-announces-new-prices-from-north-europe/

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