Recently, several liner companies announced that they plan to increase freight rates from Far East (excluding Japan) to Northern Europe, the Mediterranean Sea and the Black Sea route starting from August 1. Single Screw Extruder Screw Barrel,Single Screw Barrel,Screw Barrel, Extruder Screw Barrel Zhoushan Taisu Overseas Co Ltd. , https://www.taisuoverseas.com
Like last year, with the implementation of price increases in August, the freight rate will increase in the coming weeks and the freight rate will increase by 10% in August last year. Several carriers announced a price increase plan of US$570 to 750/TEU, among which the Arab United Nations Home Cruises (UASC) plan had a price increase of US$600/TEU in August and Kawasaki’s K Line planned to increase prices by US$750/TEU. NYK plans to increase its price by $570/TEU, Hapag-Lloyd, and plans to increase its price by $1,000/TEU.
In addition, the Forward Freight Agreement (FFA) curve also shows that the freight rate in August will increase. At present, the FFA freight rate in August is 8% higher than the current freight rate. Relevant experts also stated that many liner companies operating on the Shanghai to North Europe routes have announced a new round of tariff increase, with an average price increase of 700 for Kawasaki Steamship, CSCL, Japan Post, Hapag-Lloyd and Hanjin Shipping. USD/TEU.