Maersk plans to raise the Far East European freight

n July 14th, Maersk announced that it would increase the Far East European freight from August 1st onwards, the rate of 1000 U. s.dollars /TEU.

Maersk refused to disclose the current rate and the new rate, the company said, according to the different routes of price adjustment may be different. However, according to the Shanghai export container freight index (SCFI) data, the average rate of 699 dollars last week to Europe, /TEU, but the statement does not mean that prices can be successfully implemented. Now a large number of transport capacity, freight is a breakthrough for many years the lowest level, the data show that the busiest shipping charges for the Asian European route 205 dollars /TEU.

As Maersk this large shipping companies sometimes have to take lower prices means, compared to undertake cargo, the ship is too much.

As of now, this year, the average cost of $700 /TEU, far below the average price of $1170 last year, /TEU. In general, if the price is lower than the level of 800-1000 /TEU, the shipping company is difficult to profit. Last year, Maersk is for several profit number of shipping companies.