Just as trans-Pacific rates begin climbing, Asia–Europe lanes are now in the spotlight. Major carriers — MSC, CMA CGM, and Hapag-Lloyd — have issued fresh General Rate Increase (GRI) notices for shipments departing June 1, 2025, with rate hikes approaching 70% compared to current spot market levels.
MSC (Mediterranean Shipping Company) will raise FAK rates to:
North Europe: $3,200 / 40’ HC
West Med / Adriatic / East Med: $5,000 / 40’ HC
Black Sea & North Africa: Up to $7,000 / 40’ HC
CMA CGM sets June 1 rates to North Europe at:
$1,750 / 20’ GP
$3,100 / 40’ GP / HC / REEFER
Hapag-Lloyd raises its Asia–Europe FAK rates across all container types, with rates for West Med reaching $4,400–4,600 / 40’ HC.
Other carriers like COSCO, Evergreen, and Yang Ming are also reportedly following similar rate levels via private customer notifications.
Based on current market levels of $1,800–$2,000 per 40’ HC to North Europe, these adjustments represent a nearly 70% rate surge, driven by:
Tightened eastbound capacity
Port congestion spillovers
A sudden spike in space bookings post-U.S.–China tariff de-escalation
Shippers should prepare for a volatile summer across global trades, not just on the Pacific. The ripple effect of U.S. policy changes is now reaching European routes, with space shortages and PSS surcharges increasingly likely.
by Xinde Marine News Chen Yang
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