Global shipping giants announce April rate hikes
Recently, global shipping giant Maersk issued a notice stating that, in order to continue providing customers with a broader range of high-quality services, the company will implement a comprehensive increase in FAK (Freight All Kinds) rates for the Far East–Mediterranean route starting March 31, 2025. Specifically, the rate for a 20-foot standard container will rise to a maximum of $5,040, while a 40-foot standard container will reach a new high of $6,300. This price increase reflects the ongoing volatility in the global shipping market. According to Judah Levine, a researcher at the international ...
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