MSC has slapped a bumper $297 per teu surcharge on shipments transiting the Panama Canal in response to the increasing capacity reductions.
It followed the announcement on Tuesday by CMA CGM of a $150 per teu ‘Panama Adjustment Factor’, valid from 1 January. MSC’s surcharge, almost double that of the French carrier, will begin two weeks earlier, on 15 December.
MSC told customers: “During Q2 23, the Panama Canal Authority decided to …
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