New record! A wave of price increases whose amplitude and frequency are rare in history is about to come.
Since November 19, 2023, merchant ships have been attacked by Houthi armed forces in the Red Sea one after another. In order to avoid the risk of being attacked, shipping companies have been forced to choose to divert to the Cape of Good Hope!
Under the superposition of multiple factors such as the Red Sea crisis, the superimposed Lunar New Year shipment surge, and the market's long-standing price increase expectations, a wave of price increases whose amplitude and frequency are rare in history is quickly approaching!
MSC raises FAK rates on Asia-Mediterranean route
On January 3, MSC issued a notice announcing that starting from January 15, 2024, it would increase the price of goods exported to the Western Mediterranean, Adriatic Sea, Eastern Mediterranean and Black Sea from all Asian ports (including China, Japan, South Korea and Southeast Asia). FAK rates!
The specific charges are as follows:
MSC stated that the above prices include GFS (Global Fuel Surcharge) - VATOS USD 185/370/370, which is valid until January 2024.
Sunny Worldwide Logistics We has already signed contracts with three major international shipping companies. Favorable prices and ample shipping space are your choice.