Freight containers in the Le Havre port.
ID 26561526 © Plotnikov | Dreamstime.com

Asia-North Europe ocean carriers are preparing big increases in FAK rates next month, after squeezing capacity on the route with blanked sailings and a suspended loop.

Maersk has advised its customers that from 1 November, its FAK rates from Shanghai to North European ports would rise ...

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.
Current subscriber
New subscriber

Comment on this article


You must be logged in to post a comment.
  • Jon

    October 18, 2019 at 2:08 pm

    Seriously,
    They are offer rates as low as 800 a hc on the spot market, it’s supposed to be peak season.
    How can you increase the rate by over 100% on contracts .
    Dream on maersk and other lines.
    We have shares in maersk and what the line puts out and what you get are two different things.
    Got to keep the share holders happy . False reporting