Maersk Increases Freight Rates in Far East Asia & Mediterranean

In a major development, the Shipping giant Maersk has announced that they are increasing the FAK rates ( Freight All Kinds) as they continue to offer a broad portfolio of services, says a press release published on their website.

About the rates

1. The new rates will be effective from 16th September and 23rd September respectively and will be effective until further notice.
2. The  rates are inclusive of Basic Freight Rate (BAS), Bunker Adjustment Factor (BAF) and Emergency Risk Surcharge (ERS).
3. The above rates are subject to Terminal Handling Charges (THC), Emergency Bunker Surcharge (EBS) and Peak Season Surcharge (PSS). 
4. The above rates are also subject to other applicable surcharges, including local charges and contingency charges.
5. Other corridors, commodities and container types (including reefers) that are not listed above may also be subject to increases.
6. These rates are unaffected by, and do not affect, any tariff notified, published or filed in accordance with local regulatory requirements.

Detailed Rates

Below are the FAK rates for a sample list of corridors, commodities and container types where the rate increase is effective. As always, please visit Find a Price for a quote, or your rate sheets or contracts will provide you with full details of your latest rates.

Effective start date: 16-09-19

Effective end date: Until further notice, but not beyond 22-09-19

Effective start date: 23-09-19

Effective end date: Until further notice, but not beyond 30-09-19

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Source: Maersk

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