As from March 15th, 2020 (date of loading in the origin ports) until further notice (but not beyond March 31st, 2020):
These new FAK rates will apply as follows:
• Origin Range: From all Asian ports (including Japan, Southeast Asia and Bangladesh)
• Destination Range: To all Northern European ports (including UK and the full range from Portugal to Finland/Estonia)
• Dry cargo, OOG, Paying empties and Reefer cargo
Today the Maritime Administration (MARAD) awarded nearly $580 million to 31 recipient ports in 15 states and territories. These grants are from the agency's Port Infrastructure Development Program (PIDP). Five…
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