Shipping prices are crazy again!CMA CGM and MSC announced price increases at the same time, with the
- Author:Maintenance network
- Source:Maintenance network
- Release Date:2026-06-16
The global container shipping market is showing signs of price increases again.Recently, CMA CGM and MSC have successively issued the latest FAK freight notices, announcing that starting from July 1, 2026, new freight standards will be implemented on multiple routes from Asia to Europe, the Mediterranean and North Africa. The applicable period is tentatively scheduled to July 14.
Shipping companies raise FAK on multiple routes. Judging from the published price levels, the freight rates for 40-foot containers on some North African routes have approached or exceeded the US$10,000 mark, indicating that shipping companies are continuing to push upwards in freight rates for European and continental routes.
01 CMA CGM raises FAK for Mediterranean and North African routes. According to the latest freight rate notice issued by CMA CGM, the new FAK rates from major Asian ports to the Mediterranean and North African regions will be implemented from July 1st to 14th.The main rates are as follows: • Western Mediterranean: USD 5,700 for a 20-foot container, USD 7,700 for a 40-foot container • Adriatic Sea: USD 5,900 for a 20-foot container, USD 7,900 for a 40-foot container • Eastern Mediterranean: USD 6,200 for a 20-foot container, USD 8,500 for a 40-foot container • Black Sea: USD 6,200 for a 20-foot container, USD 8,500 for a 40-foot container •Algeria: US$7,200 for a 20-foot container and US$10,200 for a 40-foot container. CMA CGM stated that the above prices include basic sea freight, fuel surcharges and EU ETS-related fees, but do not include THC (terminal operating charges) and some safety surcharges.
02MSC simultaneously increased its market quotations in Europe and North Africa. At the same time, MSC also released a freight rate adjustment plan for the same period.The new rates cover markets from the Far East, Japan, Korea and Southeast Asia to Northern Europe, the Mediterranean and North Africa.The main rates are as follows: • Northern Europe: USD 4,875 for a 20-foot container, USD 7,500 for a 40-foot container • Western Mediterranean: USD 5,000 for a 20-foot container, USD 7,500 for a 40-foot container • Adriatic: USD 5,000 for a 20-foot container, USD 7,500 for a 40-foot container • Eastern Mediterranean: USD 5,000 for a 20-foot container, USD 7,400 for a 40-foot container •Black Sea: USD 5,100 for a 20-foot container, USD 7,600 for a 40-foot container • Algeria: USD 6,700 for a 20-foot container, USD 9,900 for a 40-foot container • Libya: USD 6,400 for a 20-foot container, USD 9,200 for a 40-foot container • Morocco (Casablanca): USD 5,700 for a 20-foot container, USD 8,500 for a 40-foot container •Tunisia: US$6,500 for a 20-foot container and US$9,500 for a 40-foot container. MSC stated that the above rates include basic ocean freight and some fuel-related surcharges, but terminal operating charges (THC), local charges and some surcharges will still be charged separately based on actual conditions.
The Red Sea crisis is still affecting global shipping capacity. The market generally believes that this round of freight rate increases is closely related to the continued tension in the Red Sea.Although the situation in the Middle East has shown signs of easing recently, most container shipping companies still maintain the operating mode of bypassing the Cape of Good Hope, and the traffic volume of the Suez Canal has not yet returned to pre-crisis levels.Detours of ships cause one-way voyages to increase by about 10 to 14 days. Global effective shipping capacity continues to be consumed, and the supply of space on the Asia-Europe route remains tight.At the same time, European importers began to prepare goods in advance for the peak consumption season in the second half of the year, which also supported transportation demand.Recent reports issued by many market institutions have pointed out that freight rates on routes from Asia to Europe and the Mediterranean are showing a continued upward trend.
The shipping market is still paying attention to the trend after mid-July. It is worth noting that regardless of CMA CGM or MSC, the new freight rates announced this time are only applicable to the period from July 1 to 14.Industry analysts believe that if the market booking demand continues to remain high in early July, it is not ruled out that shipping companies will continue to introduce measures such as GRI (general rate increase surcharge) or PSS (peak season surcharge).For cargo owners and freight forwarding companies, in the near future, they should focus on changes in space on European routes and subsequent price policies of shipping companies, and reasonably arrange the pace of shipments to reduce operating risks caused by freight fluctuations.
Market Observation Judging from the current market performance, Asia-Europe and Mediterranean routes have entered an obvious freight rate increase cycle.The Red Sea crisis has not yet been completely resolved, the global effective shipping capacity continues to be tight, and the peak season stocking in the European market has gradually started. In the short term, freight rates on European routes still have certain upward momentum.However, as the situation in the Middle East changes and the future recovery of the Suez route gradually becomes clear, there is still great uncertainty in the market trend in the second half of the year. Relevant companies need to continue to pay attention to the latest freight policies and changes in shipping capacity deployment of shipping companies.
Shipping companies raise FAK on multiple routes. Judging from the published price levels, the freight rates for 40-foot containers on some North African routes have approached or exceeded the US$10,000 mark, indicating that shipping companies are continuing to push upwards in freight rates for European and continental routes.
01 CMA CGM raises FAK for Mediterranean and North African routes. According to the latest freight rate notice issued by CMA CGM, the new FAK rates from major Asian ports to the Mediterranean and North African regions will be implemented from July 1st to 14th.The main rates are as follows: • Western Mediterranean: USD 5,700 for a 20-foot container, USD 7,700 for a 40-foot container • Adriatic Sea: USD 5,900 for a 20-foot container, USD 7,900 for a 40-foot container • Eastern Mediterranean: USD 6,200 for a 20-foot container, USD 8,500 for a 40-foot container • Black Sea: USD 6,200 for a 20-foot container, USD 8,500 for a 40-foot container •Algeria: US$7,200 for a 20-foot container and US$10,200 for a 40-foot container. CMA CGM stated that the above prices include basic sea freight, fuel surcharges and EU ETS-related fees, but do not include THC (terminal operating charges) and some safety surcharges.
02MSC simultaneously increased its market quotations in Europe and North Africa. At the same time, MSC also released a freight rate adjustment plan for the same period.The new rates cover markets from the Far East, Japan, Korea and Southeast Asia to Northern Europe, the Mediterranean and North Africa.The main rates are as follows: • Northern Europe: USD 4,875 for a 20-foot container, USD 7,500 for a 40-foot container • Western Mediterranean: USD 5,000 for a 20-foot container, USD 7,500 for a 40-foot container • Adriatic: USD 5,000 for a 20-foot container, USD 7,500 for a 40-foot container • Eastern Mediterranean: USD 5,000 for a 20-foot container, USD 7,400 for a 40-foot container •Black Sea: USD 5,100 for a 20-foot container, USD 7,600 for a 40-foot container • Algeria: USD 6,700 for a 20-foot container, USD 9,900 for a 40-foot container • Libya: USD 6,400 for a 20-foot container, USD 9,200 for a 40-foot container • Morocco (Casablanca): USD 5,700 for a 20-foot container, USD 8,500 for a 40-foot container •Tunisia: US$6,500 for a 20-foot container and US$9,500 for a 40-foot container. MSC stated that the above rates include basic ocean freight and some fuel-related surcharges, but terminal operating charges (THC), local charges and some surcharges will still be charged separately based on actual conditions.
The Red Sea crisis is still affecting global shipping capacity. The market generally believes that this round of freight rate increases is closely related to the continued tension in the Red Sea.Although the situation in the Middle East has shown signs of easing recently, most container shipping companies still maintain the operating mode of bypassing the Cape of Good Hope, and the traffic volume of the Suez Canal has not yet returned to pre-crisis levels.Detours of ships cause one-way voyages to increase by about 10 to 14 days. Global effective shipping capacity continues to be consumed, and the supply of space on the Asia-Europe route remains tight.At the same time, European importers began to prepare goods in advance for the peak consumption season in the second half of the year, which also supported transportation demand.Recent reports issued by many market institutions have pointed out that freight rates on routes from Asia to Europe and the Mediterranean are showing a continued upward trend.
The shipping market is still paying attention to the trend after mid-July. It is worth noting that regardless of CMA CGM or MSC, the new freight rates announced this time are only applicable to the period from July 1 to 14.Industry analysts believe that if the market booking demand continues to remain high in early July, it is not ruled out that shipping companies will continue to introduce measures such as GRI (general rate increase surcharge) or PSS (peak season surcharge).For cargo owners and freight forwarding companies, in the near future, they should focus on changes in space on European routes and subsequent price policies of shipping companies, and reasonably arrange the pace of shipments to reduce operating risks caused by freight fluctuations.
Market Observation Judging from the current market performance, Asia-Europe and Mediterranean routes have entered an obvious freight rate increase cycle.The Red Sea crisis has not yet been completely resolved, the global effective shipping capacity continues to be tight, and the peak season stocking in the European market has gradually started. In the short term, freight rates on European routes still have certain upward momentum.However, as the situation in the Middle East changes and the future recovery of the Suez route gradually becomes clear, there is still great uncertainty in the market trend in the second half of the year. Relevant companies need to continue to pay attention to the latest freight policies and changes in shipping capacity deployment of shipping companies.