MSC's no-show fees on North Europe-Asia trade

Friday, March 23, 2012

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. The fee , $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 co...

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