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

APL Temasek
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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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Comment on this article

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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?

  • Daniel Pettersson

    May 21, 2019 at 2:43 pm

    Ever heard of market share?

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Topics

APL Asia-North Europe CMA CGM Hapag-Lloyd Maersk Line Rates: the eternal tango SCFI Transpacific Trade

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