Summary
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Maersk announced a revised PSS of $1,000/20ft and $2,000/40ft for Far East Asia to US and Canada effective June 17, plus a separate PSS of $750/20ft and $1,500/40ft for Far East Asia to North Europe and Mediterranean effective July 7. CMA CGM launched a series of surcharges including PSS from China to West Africa effective June 15 at $500/TEU, PSS to East and South Africa effective June 21, and new FAK rates from Asia to North Europe and Mediterranean effective July 1. MSC also announced higher FAKs at $6,000/40ft for Asia-North Europe and $6,500/40ft for Asia-West Med effective June 15. ONE announced PSS of $500-$600/20ft. The coordinated carrier surcharge cascade signals a strongly tightening market ahead of Q3.