Asia-Europe contract shippers asked to pay more, with premiums for priority

Asia-Europe contract shippers asked to pay more, with premiums for priority

© Terrance Emerson Container spot rates from Asia to Europe and the US ticked down a few percentage points this week, after the previous week’s big gains. However, with another wave of rate increases announced for mid-May from Asia to Europe, including new FAK rates from Maersk, MSC and CMA-CGM, it is expected that shippers will be asked to pay premium rates if they need boxes shipped promptly. And this all against a continued background of schedule disruption and rolled-over boxes. Anecdotal reports from China suggest that spot rate containers booked for North European ports are being given a low priority for shipment by carriers treating the boxes just as “top-up” cargo. One major international forwarder told The Loadstar in London yesterday he was having to pay surcharges on top of his agreed contract rates to guarantee shipment for priority customers. He said: “We are coughing-up, where we have […]