The liner carrier Mediterranean Shipping Co. on Wednesday said it would begin immediately charging a no-show fee on bookings that failed to materialize on the eastbound Asia-Europe trade.
, $300 per 20-foot container booked and $600 per 40-foot container booked, comes the same week that Maersk Line said it would stop accepting bookings
until May on the same trade, the backhaul leg of the Asia-Northern Europe lane. On Friday, MSC also said it would assess a $100 per container equipment imbalance fee
on the same trade.
MSC said the fees come “in relation to the extraordinary demand of space and equipment” in Northern Europe, and that it's meant to prevent “attempts to place ‘dummy’ bookings, especially related to ‘waste’ cargos.”
Maersk said in its original note that other lines had also stopped bookings for the Northern Europe-Asia backhaul, but this represents another method to address the issue.
As American Shipper
, a confluence of low westbound demand, capacity cuts, stable eastbound demand, and a renewed focus on profitability is likely what led Maersk to its decision. — Eric Johnson