The Logistician
  • Tiếng ViệtTiếng Việt
  • What to read today?
  • Knowledge
  • Insight
  • Podcast
  • Blog
  • Document
VIẾT BLOG
  • Login
  • Register
No Result
View All Result
  • What to read today?
  • Knowledge
  • Insight
  • Podcast
  • Blog
  • Document
VIẾT BLOG
  • Tiếng ViệtTiếng Việt
  • Login
  • Register
No Result
View All Result
The Logistician
No Result
View All Result

Calm before the storm: shippers brace for hefty Asia-Europe rate hikes

Daniel by Daniel
09/08/2020
in Blog
Giá cước tàu trên tuyến Á-Âu chuẩn bị tăng mạnh

Asia-North Europe shippers are bracing for a wave of FAK rate increases and peak season surcharges this month as carriers look to capitalise on several weeks of fully booked ships.

The North Europe component of today’s Shanghai Containerized Freight Index (SCFI) edged up slightly, by $9 to $910 per teu, in what shippers fear is the ‘calm before the storm’.

“The market remains strong on the Asia-Europe route,” Martin Holst-Mikkelsen, head of ocean freight EMEA at Flexport, told The Loadstar.

“We are seeing services out of China full for the coming two weeks from nearly every port of loading. We are also seeing South-east Asia services facing some space pressure at this point.”

The Loadstar reported yesterday that the 2M partners, Maersk and MSC have upgraded their Griffin/sweeper service to a weekly link, and it is understood that THE Alliance is considering reinstating its suspended FE4 loop after its weekly ‘extra loader’ vessel had been fully booked on each voyage.

However, The Loadstar is still hearing that shippers are struggling to book space. One UK forwarder said he had tried to book seven boxes from China at the carrier’s FAK rates, but had been told the earliest availability was on a vessel sailing on 28 August.

He added: “Maersk, as an example, advised it was purposely setting rates on the Maersk Spot offering at levels over and above $1,800 per 40ft, as it simply doesn’t want or need the freight. And, where possible, in the short-term it is trying to put people off booking when not on a longer-term committed contract.”

Meanwhile, rates to Mediterranean ports also ticked up this week, by $5 per teu to $940 per teu, but rates could come under pressure on the route in the coming weeks, with orders being cancelled due to the impact of the pandemic on the holiday season.

On the transpacific tradelane, spot rates to the US west coast took an understandable breather this week after the 17% surge last week, The SCFI recorded a modest $23 drop per 40ft, to $3,144. However, rates on the route remain at a record level, over $3,000, with no immediate signs of demand softening.

“The rebound in demand that started in June continues to keep rates up,” said Ethan Buchman, CMO, Freightos Group. “Some industry insiders are predicting this year’s version of the peak season will last only through September, and will focus on stay at home goods like furniture, kitchenware and electronics.

“Demand is keeping ships out of China very full, with carriers able to charge premiums to prevent shipments from being rolled, even as capacity is nearly back to normal,” he added.

Source: The Load star

Related Posts

​​Shell and CMA CGM signed an agreement to supply LNG fuel in Singapore

​​Shell and CMA CGM signed an agreement to supply LNG fuel in Singapore

01/07/2022
0
Private: TP Hồ Chí Minh xem xét chuyển đổi mục đích sử dụng một số khu công nghiệp sang logistics

Ho Chi Minh City considers converting some industrial parks into logistics

29/06/2022
0
Image: Thu Trang

DB Schenker’s agreement to acquire USA Truck

28/06/2022
0
Finding new suppliers after the unprecedented “Chicken-rice crisis” in Singapore

Finding new suppliers after the unprecedented “Chicken-rice crisis” in Singapore

22/06/2022
0
FedEx invests in FourKites to build intelligent supply chain platform

FedEx invests in FourKites to build intelligent supply chain platform

22/06/2022
0
LG Electronics “shake hand” with CJ Logistics to develop logistics robots

LG Electronics “shake hand” with CJ Logistics to develop logistics robots

19/06/2022
0

ĐỀ XUẤT NÊN ĐỌC

Vietnam’s logistics: The magnet of international investment

Vietnam’s logistics: The magnet of international investment

1 year ago
0
U.S sees Viet Nam as a preferred supply chain partner

U.S sees Viet Nam as a preferred supply chain partner

3 years ago
0
Mỹ và EU “bắt tay” giảm phụ thuộc khí đốt vào Nga

The US and the EU “shake hands” to reduce gas dependence on Russia

1 year ago
0
Big investment in art logistics

Big investment in art logistics

1 year ago
0
ADVERTISEMENT

THẺ NỔI BẬT

ACQUISITIONaircraftairlinesamazonAppleblockchainBoeingchinaCMA CGMcontainerContainer shortageCovid-19covid19crisisDHLe-commerceEVFTAexportfedexgoodsinfrastructureInvestmentLNGlogisticsLogistics centerM&Amaerskportport congestionRAILWAYRussiaRussia-Ukraineseasupply chainSupply chain disruptiontechnologyThai AirwaysthailandtransporttransportationusvietnamVietnam AirlineswalmartWarehouse
ADVERTISEMENT

TIN TỨC PHỔ BIẾN

  • Uniqlo Supply Chain Management

    Uniqlo Supply Chain Management

    0 shares
    Share 0 Tweet 0
  • Certificates that advance your career in Logistics and supply chain management

    0 shares
    Share 0 Tweet 0
  • How Aviation Fuel Differs From Regular Fuel

    0 shares
    Share 0 Tweet 0
  • Cross-docking: The key to Walmart’s great success

    0 shares
    Share 0 Tweet 0
Facebook Twitter Youtube RSS
The Logistician

© 2021 Copyright The Logistician - Designed by Đông Đô Media.,JSC.

  • Login
  • Sign Up
  • What to read today?
  • Knowledge
  • Insight
  • Podcast
  • Blog
  • Document
  • Tiếng ViệtTiếng Việt

© 2021 Copyright The Logistician - Designed by Đông Đô Media.,JSC.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

-
00:00
00:00

Danh sách

Update Required Flash plugin
-
00:00
00:00