News / Strong demand on Asia-Europe sees carriers hike rates and bring in surcharges

ID 178521008 © Leung Cho Pan | Dreamstime.com

Demand remains strong on the Asia-North Europe trade, with full ships encouraging carriers to increase rates and introduce peak season surcharges (PSSs).

CMA CGM today announced an increase in its 40ft FAK rate of $100, to $2,300, effective 1 August, and has introduced a $200 per teu PSS for July, which it is yet to extend into August.

Today’s Shanghai Containerized Freight Index (SCFI) recorded a 1.4% increase in the spot rate for North Europe, to $920 per teu, which is 36% ...