News / A new 'golden age' for box shipping profits, but beware new competition, warns Drewry

Maersk Line today announced a raft of increased FAK (freight all kinds) rates from Asia to North European ports from 1 January, valid for a month.

For example, the maximum FAK rates to Rotterdam will be increased to $1,300 per 20ft and $2,400 per 40ft, from $1,175 and $2,150; Felixstowe rates go up to $1,350 and $2,500 from $1,225 and $2,250.

Since 7 December, Asia-Europe carriers have been obliged to change the way they announce prices to customers and must now publish maximum, all inclusive rates ...