News / Claims that Maersk has started a new rates war, as carriers slash FAK prices

17/05/2019

Asia-North Europe carriers are continuing to slash FAK rates as the container spot market records another weekly decline.

APL and parent company CMA CGM announced today that from 1 June, the 40ft FAK rate would be cut by $100 to $1,800 for the Le Havre-Hamburg range ...

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Rajiv Sathe
May 18, 2019 at 4:49 am
By reducing the rates the trade volumes are not going to increase. what is the need for a rate reduction? Is it to make competition financially weak?

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Daniel Pettersson
May 21, 2019 at 2:43 pm
Ever heard of market share?

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