Home » Maritime » MSC, Zim apply peak season surcharges on Asia services

Two major shipping lines have announced peak season surcharges on cargo moving from the Far East, after delaying the scheduled imposition due to an overcapacity and soft freight rates.

Geneva-based Mediterranean Shipping Co. (MSC) said it will implement a peak season surcharge on cargo moving from Southeast Asia to Australia effective September 10, 2011.

The MSC said a $300 surcharge per 20-foot equivalent unit (TEU) will be levied on the Capricorn Service from Southeast Asia covering Malaysia, Singapore, Indonesia, Vietnam, and Thailand to Australia.

Meanwhile, Israel-based Zim Integrated Shipping Services plans to impose a peak season surcharge of $150 per TEU from August 15 in the Asia-North Europe and Asia-West Mediterranean (Tyrrhenian and Adriatic) trades.

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