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  Today topic: A number of shipping companies announced changes in route prices

   Recently, Maersk, MSC, HMM, Hapag-Lloyd, CMA and many other shipping companies have announced some route price adjustment.

1.Maersk: Increase FAK rates for Far East - Mediterranean:

    On July 17, according to Maersk's official website and media information, Maersk announced that from July 31, 2023, the increase in FAK rates from Far East ports to the Mediterranean Sea.

    Among them, FAK rates from major Asian ports to Casablanca, Morocco, will increase to $2,750 per 20 feet and $3,600 per 40 feet.

    Earlier, according to Maersk's tariff announcement, the FAK rate from major Asian ports to the three Nordic hub ports of Rotterdam, Felixstowe and Gdansk will be increased to $1,025 per 20 feet and $1,900 per 40 feet on July 31.

2.Maersk: Revision of the PCC

     Maersk announced that effective August 3, the Panama Canal Toll (PCC) for Panama Canal transit cargo has been revised to apply to dry and refrigerated cargo.

    Maersk said the new PCC for the following nine routes will be $175 per 20-foot container and $305 per 40-foot container (including high cubic and 45-foot containers) :

Western Central Asia - Latin America, Asia Pacific - Latin America, Africa - Latin America, Europe - Latin America, North America - Latin America, Western Central Asia - US East Coast, Asia Pacific - US East Coast, Africa - US East Coast, Europe - US West Coast

3.MSC: Adjustment of FAK rates for Indo-Pakistan-European ports

  MSC has announced the latest freight rates from India and Pakistan to the Port of Antwerp in Belgium and the Port of Valencia in Spain, which will be effective from August 7 until further notice, but not beyond August 31, 2023.

4.Hapag-lloyd: Impose congestion surcharges

  Hapag-lloyd Shipping has announced a congestion surcharge on containers shipped to the Norwegian port of Mersin.

Hapa-lloyd Shipping said that since July 17, a congestion surcharge of US $150 /TEU and US $300 /FEU has been imposed on dry cargo and reefer containers from the Middle East and Indian subcontinent to Mersin Port and from the Far East to Mersin Port.

5.HMM: Upwardly revised Indo-American GRI:

  According to the media news on July 18, HMM announced the increase of GRI on the route from India to the West coast of the United States. The following rate changes are effective from July 15:

 US$250/40ft for PS gate - HMM's Pacific South Services (namely PS3, PS6 ,PS7 & PSX) to USWC

 US$150/40ft for PN gate, including Vancouver - HMM's Pacific North Services (namely PN3 & PN4)

 US$100-US$300 for inland destinations

6.Cma CMA: Adjust peak season surcharge

CMA CGM has decided to adjust its peak season surcharge (PSS) from the West Coast of India to the East Coast of South America.

The updated surcharge of $150 per container applies only to dry cargo and is valid from August 13 to September 15.

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