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‘Aggressive’ carriers to hike rates and blank more sailings, shippers warned
Summary by The Loadstar
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‘Aggressive’ carriers to hike rates and blank more sailings, shippers warned
Shippers are expecting an “aggressive push” on pricing from carriers ahead of the contract negotiation season, with reduced sailings to bolster rate hikes. The Loadstar recently reported that Hapag-Lloyd had hit the “shock and awe button” by announcing new FAK base costs for Far East-Europe trades in an attempt to mitigate declining rates – a move now been copied by MSC. Shippers on the Asia-North Europe trade will be charged ... The post ‘A…
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