Zim set to reinstate its transpacific ZX2 express service
In what could be one of the shortest service suspensions in shipping history, Zim is ...
By Mike Wackett
Hapag-Lloyd has announced it will reduce its FAK (freight all kinds) rates between Asia and North Europe from 1 February, and the Ocean Alliance is to void three more sailings, due to “expected low demand” post-Chinese New Year.
Hapag-Lloyd’s FAK rates will fall from $1,150 to $1,000 per 20ft and from $2,200 to $1,900 per 40ft, but for Mediterranean ports they will remain at $1,500 and $2,900.
The German carrier is no doubt reacting to updated booking forecasts for sailings after the 16 February CNY holiday, which according to ...
Comment on this article
Andy Gillespie
January 20, 2018 at 5:40 amCHECK THE TWO CONTAINER RATES. One is wrong – US east coast: “coast, recorded by the SCFI, fell by 5.2% to $1,436 per 40ft, but for the US east coast there was a jump of 7.1% on the week to $1,436 “
Alex Lennane
January 22, 2018 at 11:55 amThanks for being eagle-eyed! Yes, our mistake, sorry.
It has now been changed – but it should have read: ‘for the US east coast, up 7.1% ,or $184 to $2,792 per 40 ft.’