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MSC Raises Rates, Introduces Fuel Surcharge Amid Shipping Turmoil

3/9/2026

31 5 Full Breakdown

Summary

Story summary

Mediterranean Shipping Company (MSC) will raise freight rates and introduce an Emergency Fuel Surcharge on March 16, 2026.
Rates for shipments from India and Pakistan to Europe will rise, with Nhava Sheva to Antwerp priced at $2,150 per container.
CMA CGM Group will implement a similar bunker surcharge on March 23, 2026.
Cosco Shipping and Hapag-Lloyd have suspended services in the Middle East due to security concerns.

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Story summary

Mediterranean Shipping Company (MSC) will raise freight rates and introduce an Emergency Fuel Surcharge on March 16, 2026.
Rates for shipments from India and Pakistan to Europe will rise, with Nhava Sheva to Antwerp priced at $2,150 per container.
CMA CGM Group will implement a similar bunker surcharge on March 23, 2026.
Cosco Shipping and Hapag-Lloyd have suspended services in the Middle East due to security concerns.