MSC has announced a new FAK (freight all kinds) rate from Asia to North Europe for 15 December of $2,050 per 40ft, which is at least double the level on offer in the current spot market.
Container spot rates between Asia and North Europe have lost a third of their value already this month, with, for example, Drewry’s WCI North Europe component declining another 6% in the past seven days, for …
The post Shock as new Asia-N Europe FAK rate dwarfs weak spot market appeared first on The Loadstar.
