Implementation of Peak Season Surcharge (PSS): Far East Asia to North Europe & Mediterranean

Shipping lines have announced the implementation of a Peak Season Surcharge (PSS) for cargo moving from Far East Asia to North Europe and Mediterranean trade lanes. This measure is being introduced in response to increased seasonal demand, ongoing capacity constraints, and operational pressures across global supply chains.

The peak shipping season, typically driven by pre-holiday inventory movements and restocking cycles, results in a surge in cargo volumes. Carriers are experiencing tighter vessel space, equipment imbalances, and port congestion in key hubs across Asia and Europe.

Carriers are planning PSS/GRI implementations from as early as next week, with increases ranging between USD 300/TEU and USD 500/TEU, as outlined below:

• CMA CGM & ONE: USD 500/TEU effective 15th June
• Hapag-Lloyd: USD 500/TEU effective 8th June
• Maersk: USD 300/TEU effective 8th June

In parallel, carriers are continuing to manage capacity through measures such as blank sailings, contributing to tighter space availability and equipment shortages. Early indications suggest these strategies are impacting the market, with some carriers already reporting high vessel utilisation and constrained equipment supply.

Shippers are advised to plan shipments well in advance, secure space early, and review supply chain strategies to mitigate the impact of rising costs and limited capacity. Close coordination with carriers and logistics partners will be essential to navigate the peak season effectively.

We will continue to monitor market developments and provide updates as necessary.

For further details or shipment planning support, please contact us at KTL Europe

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