CMA, MSC: Reveals New FAK Rates for April 2025
Leading carriers such as CMA, MSC and Hapag-Lloyd have unveiled new Freight All Kinds (FAK) rate adjustments, effective in April, 2025, reflecting recent changes in the shipping industry. More information is available at info@yqn.com.
CMA: New FAK Rates from April
From North Europe to America FAK Updates
CMA CGM has announced freight all kinds (FAK) rate adjustments for shipments from North Europe to America, effective April 1, 2025. Please check the table below for more details.
Source: CMA Official Website
CMA CGM's updated rates reflect the company's commitment to maintaining service reliability while addressing the challenges posed by fluctuating demand and operational costs. Shippers can expect these adjustments to remain in effect until further notice, providing clarity and stability for their logistics planning. More information is available at info@yqn.com.
Asia to North Europe FAK Rates
CMA CGM has also revised its FAK rates for shipments from Asia to North Europe. These changes, effective April 1, 2025, cover all Asian ports, including Japan, Southeast Asia, and Bangladesh, and extend to Northern European ports, from Portugal to Finland. The rates apply to dry cargo, out-of-gauge (OOG) shipments, paying empties, and reefer cargo.
Source: CMA Official Website
CMA CGM's updated rates include basic freight and bunker-related surcharges but exclude terminal handling charges (THC), emergency tariff surcharges (ETS), and safety-related fees. These adjustments aim to balance market dynamics with the need for efficient and reliable shipping services. More information is available at info@yqn.com.
MSC: Freight All Kinds (FAK) Rate Adjustments
Far East to Northern Europe
MSC has announced updated freight all kinds (FAK) rate adjustments for the Far East to Northern Europe shipping route, effective April 1, 2025. These changes reflect the company's response to evolving market conditions and fluctuating demand across this critical trade lane.
Historical freight trends highlight the volatility of this route. In March, spot rates surged by 115% compared to December, driven by geopolitical events that disrupted shipping operations. Additionally, service reliability dropped to 34% in February, a level reminiscent of the post-Covid-19 market slowdown. These factors underscore the necessity of rate adjustments to maintain operational efficiency and service reliability.
The new FAK rates aim to address these challenges while ensuring competitive pricing. MSC's adjustments include base freight charges and bunker-related surcharges, with additional fees for terminal handling and safety measures. By aligning rates with market dynamics, MSC seeks to provide shippers with consistent and reliable services.
To illustrate the impact of these adjustments, the table below compares the new and former base rates for key ports:
Port of loading | Port of discharge | Commodity | New Base Rates | Former Base Rates |
|---|---|---|---|---|
Antwerp | New York | FAK | US$5,200 | US$4,400 |
Antwerp | Houston | FAK | US$5,100 | US$4,300 |
Antwerp | Veracruz | FAK | US$4,600 | US$3,800 |
Antwerp | Montreal | FAK | US$4,600 | US$3,800 |
Antwerp | Long Beach | FAK | US$7,200 | US$6,400 |
Antwerp | Vancouver | FAK | US$6,100 | US$5,300 |
These adjustments reflect MSC's commitment to adapting to market demands and ensuring efficient freight solutions. Shippers can expect these rates to remain in effect until further notice, providing clarity for their logistics planning.
Hapag-Lloyd Announces FAK Increase
Far East To Europe
Hapag-Lloyd has announced an increase in Freight All Kinds (FAK) rates for shipments from the Far East to Europe, effective April 1, 2025. This adjustment reflects the company's strategic response to fluctuating market conditions and rising operational costs. The updated rates aim to stabilize the shipping market while ensuring reliable service for customers.
Hapag-Lloyd's revised FAK rates include basic freight charges and bunker-related surcharges. However, additional fees such as terminal handling charges and safety-related surcharges may apply. By aligning rates with market dynamics, the company aims to provide competitive and efficient shipping solutions for its customers.
Conclusion
The newly announced Freight All Kinds (FAK) rates, effective April 1, 2025, reflect strategic adjustments by major shipping companies to address evolving market dynamics. These changes aim to enhance supply chain efficiency and support sustainable shipping practices.
Shippers can expect these adjustments to remain in effect until further notice, offering clarity and predictability for their logistics planning.More information is available at info@yqn.com.
FAQ
What are Freight All Kinds (FAK) rates?
FAK rates are standardized shipping rates that apply to various cargo types, simplifying logistics and ensuring consistent pricing across different commodities.
When will the new FAK rates take effect?
The new FAK rates announced by CMA CGM, MSC, and Hapag-Lloyd will take effect on April 1, 2025, and remain valid until further notice.
How do these rate adjustments impact shippers?
These adjustments reflect market trends and operational costs, helping shippers plan logistics efficiently while ensuring reliable service across global trade routes.
See Also
Freight Trends in China's Market for March 2025
February 2025 Updates on China's Ocean Freight Market
Best Sea Cargo Logistics Companies in China for 2025
2025 Peak Season Surcharges Up to $750 Announced by Carriers
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