Slack season pressure could spark new Asia-Europe capacity crunch

September 14, 2018 Mike Wackett

Maersk Line has revised its FAK rate from Asia to North Europe to match that of rival carrier CMA CGM.
The rate is the same, at $1,800 per 40 ft, however it becomes effective a week earlier, on Tuesday (18 September).
Meanwhile, Hapag-Lloyd and others are endeavouring to implement higher rates from the end of the month, the German carrier proposing a per feu rate of $2,000.
According to this week’s World Container Index (WCI) from Drewry, ...

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