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Container Premiums: Trans-Atlantic shippers hit with new surcharges Premium service fees paid on top of base container shipping rates have emerged as a prerequisite for some spot market booking from North Europe to the US East Coast for the first time amid a supply crunch of space and equipment at European ports. While premium surcharges have become a common requirement for carriers to take spot bookings in the trans-Pacific market, supply and demand was more balanced in the trans-Atlantic westbound trade lane before a six-day impasse at the Suez Canal in March disrupted normal service schedules. “Premium service fees are a new feature in the trans-Atlantic with a couple prominent carriers asking $1,000/FEU on top of FAK rates to guarantee equipment and space,” a UK-based shipowner source said. “Demand is strong and supply is very tight.”

United statesNorth europeSuez canalUnited kingdom basedNorth europe to east coast americaPeak seasonEquipment imbalance surchargesAsia to north americaSoutheast asiaWest coast north americaContainer rateEast coast north americaGeneral rate increasesContainer imbalance surchargeNorth asiaNorth continent