Maersk and MSC File June 1 FAK and PSS Increases on Asia-Europe and Transpacific

Summary

Maersk and MSC have filed coordinated June 1 rate initiatives for Asia outbound trades. Maersk set a new FAK of $3,450/40ft to North Europe and a peak-season surcharge (PSS) of $600/20ft and $1,200/40ft. MSC announced FAK rates of $5,400/40ft to North Europe and $5,800/40ft to the West Mediterranean. Both lines cited strong peak-season demand and higher bunker and terminal costs as justification.