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2012 July 13   18:19

MSC imposes peak-season surcharge in Asia-Europe trade

Mediterranean Shipping Co. will impose a peak-season surcharge on westbound trade from Asia to Europe, starting Aug. 1, the Journal of Commerce reports.

The Geneva-based carrier will charge $350 per 20-foot equivalent unit on cargo from Asia to North Europe and the Mediterranean.

The move follows a similar surcharge announcement by Hapag-Lloyd on Asia-Europe trade lanes, which takes effect Aug. 1 and lasts until Sept. 30.

Separately, MSC said it would apply a $300 per TEU peak-season surcharge on shipments from Asia to Australia, effective Aug. 15.

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