MSC announces rate hikes for shipments from the Far East to the Mediterranean and Black Sea regions
1 month ago
MSC announces rate hikes for shipments from the Far East to the Mediterranean and Black Sea regions
MSC has announced revised Freight All Kinds (FAK) rates for shipments from all major Far East ports—including Japan, Korea, and Southeast Asia—to ports across the Mediterranean (West Med, East Med, Adriatic, and North Africa) and the Black Sea region.
The updated rates will take effect on December 1, 2024, and remain valid until further notice, but not beyond December 14, 2024.
Key Rate Changes:
• Far East to West Mediterranean and Adriatic: New rates are $4,550 for 20-foot containers and $6,500 for 40-foot containers, up from $3,650 and $5,500, respectively.
• Far East to East Mediterranean: Rates are adjusted to $4,500 (20-foot) and $6,400 (40-foot), compared to the previous $3,750 and $5,700.
• Far East to Black Sea: New rates are $4,550 (20-foot) and $6,500 (40-foot), an increase from $3,800 and $5,800.
• North Africa Destinations (Algeria, Libya, Tunisia): Rates for these routes are now $5,600 (20-foot) and $8,000 (40-foot), up from $5,000 and $7,500.
• Far East to Morocco: Updated rates are $4,900 (20-foot) and $7,000 (40-foot), rising from $4,000 and $6,600.
These adjustments reflect MSC's efforts to align pricing with evolving market conditions and ensure consistent service reliability.
Source: Container News