MSC Enforces New Asia FAK Rates

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MSC has announced updated Freight All Kind (FAK) rates from Asia to several destinations around the world, reports Container News.

Commencing on 1 January until further notice, a rate adjustment of US$300 per TEU will be applied to all cargo departing from Asian ports, encompassing China, Hong Kong, Taiwan, Korea, and Southeast Asia, destined for Australia and New Zealand.

Additionally, the Swiss/Italian container line published new FAK rates from Asia to the West Mediterranean, Adriatic, East Mediterranean and Black Sea.

The new rates will also be effective from 1 January.

Port of Discharge New Rates
20 DV 40 DV-HC
WEST MED US$2,050 US$2,900
ADRIATIC US$2,100 US$3,000
EAST MED US$2,300 US$3,100
BLACK SEA US$2,350 US$3,200

Furthermore, MSC has unveiled updated FAK rates for cargo from Asia to North Europe, taking effect on 1 January.

Port of Discharge New Rates
20 DV 40 DV-HC
NWC US$1,650 US$3,000

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Source: Container News