Container priority-loading premium the new normal in Asia as shippers struggle for space
Container priority-loading premium the new normal in Asia as shippers struggle for space Go premium or go home is the new motto in the Asian container markets, with shippers struggling to get hold of ships and carriers assuring availability only when customers pay a premium over the Freight All Kind, or FAK, market sources said. The premium can range from 50% to 70% over the FAK rate, or between $2,000/forty-foot equivalent unit and $3,500/FEU for Southeast Asia to US and Europe routes, according to market sources. These premiums come on top of the recent runup in container spot freight rates...
Source: hellenicshippingnews.com