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Maersk raises Asia-Europe rates, other carriers to follow
来源： 编辑：编辑部 发布：2018/05/18 10:54:03
MAERSK Line increased its FAK rates from Asia to North Europe on May 15 amid a brief period of stability in the container shipping spot rate market.
The North Europe component of last week's Shanghai Containerised Freight Index (SCFI) registered a 2.9 per cent increase to US$811 per TEU and for Mediterranean ports there was a 3.6 per cent increase to $783 per TEU, London's Loadstar reported.
However, rates have still some way to go to match the levels of a year ago when the SCFI reading was $961 and $949 per TEU, respectively, for North Europe and the Mediterranean.
Moreover, carriers have to deal with bunker prices that are one third higher than 12 months ago, as well as a big jump in ship charter rates that could eat into earnings.
Maersk's new FAK rates from China to North Europe have been set at a level of $1,025 per TEU and $1,800 per FEU and are valid until May 31. However, rival CMA CGM's FAK rates, valid until the same date, are set at $850 per TEU and $1,600 per FEU.
S&P Global Platts senior container pricing specialist Andrew Scorer said the future rate position of shipping lines was "fixed" with some looking for increases from the middle of the month while others are maintaining their current FAK rates and targeting an increase at the end of May.
"The issue is that some carriers are introducing newbuild ultra-large vessels into their schedules this month which could lead to lower than anticipated cargo allocation percentages as they are bigger vessels," said Mr Scorer.
As for Drewry, it expects a "slight increase" in spot rates to Europe based on the impact of FAK hikes.
By comparison, spot rates on the transpacific trade lane dipped last week with the SCFI's spot rates from Asia to the US west coast falling by 5.9 per cent to $1,382 per FEU and dropping by 2.8 per cent for US east coast ports to $2,364 per FEU.
The North Europe component of last week's Shanghai Containerised Freight Index (SCFI) registered a 2.9 per cent increase to US$811 per TEU and for Mediterranean ports there was a 3.6 per cent increase to $783 per TEU, London's Loadstar reported.
However, rates have still some way to go to match the levels of a year ago when the SCFI reading was $961 and $949 per TEU, respectively, for North Europe and the Mediterranean.
Moreover, carriers have to deal with bunker prices that are one third higher than 12 months ago, as well as a big jump in ship charter rates that could eat into earnings.
Maersk's new FAK rates from China to North Europe have been set at a level of $1,025 per TEU and $1,800 per FEU and are valid until May 31. However, rival CMA CGM's FAK rates, valid until the same date, are set at $850 per TEU and $1,600 per FEU.
S&P Global Platts senior container pricing specialist Andrew Scorer said the future rate position of shipping lines was "fixed" with some looking for increases from the middle of the month while others are maintaining their current FAK rates and targeting an increase at the end of May.
"The issue is that some carriers are introducing newbuild ultra-large vessels into their schedules this month which could lead to lower than anticipated cargo allocation percentages as they are bigger vessels," said Mr Scorer.
As for Drewry, it expects a "slight increase" in spot rates to Europe based on the impact of FAK hikes.
By comparison, spot rates on the transpacific trade lane dipped last week with the SCFI's spot rates from Asia to the US west coast falling by 5.9 per cent to $1,382 per FEU and dropping by 2.8 per cent for US east coast ports to $2,364 per FEU.