MSC, one of the leading container shipping companies, has recently announced significant updates to its Freight All Kind (FAK) rates from Asia to various destinations worldwide. These adjustments, effective from January 1 onwards until further notice, include a rate increase of US$300 per Twenty-Foot Equivalent Unit (TEU) for all cargo departing from key Asian ports. The covered regions encompass major hubs such as China, Hong Kong, Taiwan, Korea, and Southeast Asia, with destinations spanning across Australia and New Zealand.
Furthermore, MSC has detailed new FAK rates for shipments from Asia to key regions, including the West Mediterranean, Adriatic, East Mediterranean, and Black Sea. These revised rates are set to take effect from January 1. Here is a breakdown of the new rates for each destination:
- West Mediterranean: US$2,050 (20 DV) / US$2,900 (40 DV-HC)
- Adriatic: US$2,100 (20 DV) / US$3,000 (40 DV-HC)
- East Mediterranean: US$2,300 (20 DV) / US$3,100 (40 DV-HC)
- Black Sea: US$2,350 (20 DV) / US$3,200 (40 DV-HC)
In addition to these adjustments, MSC has also introduced updated FAK rates for cargo shipments from Asia to North Europe, set to be implemented from January 1. The new rates for North Europe are as follows:
- North West Continent (NWC): US$1,650 (20 DV) / US$3,000 (40 DV-HC)
These rate updates demonstrate MSC’s commitment to adapting to market dynamics and ensuring transparency in its pricing structure. Customers and stakeholders in the shipping industry are advised to stay informed about these changes as they navigate the evolving landscape of international trade and logistics.
