In a major development, the shipping giant Maersk Line has recently announced an increase in FAK rates (Freight All Kinds) which are subject to Terminal Handling Charges (THC) and Peak Season Surcharge (PSS).
Below are the FAK rates for a sample list of corridors, commodities and container types where the rate increase is effective, as reported by Port News.
- The above rates are inclusive of Basic Freight Rate (BAS), Bunker Adjustment Factor (SBF), Emergency Risk Surcharge (ERS).
- The above rates are also subject to other applicable surcharges.
- Other corridors, commodities and container types (including reefers) that are not listed above may also be subject to increases.
- These rates are unaffected by, and do not affect, any tariff notified, published or filed in accordance with local regulatory requirements.
For trades subject to the US Shipping Act or the China Maritime Regulations, quotations or surcharges that vary from the Maersk Line tariff shall not be binding on Maersk Line unless included in a service contract or service contract amendment that has been filed with the Federal Maritime Commission (FMC) or the Shanghai Shipping Exchange, as applicable.
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Source: Maersk Line
