Published by Global Banking & Finance Review®
Posted on March 5, 2026
2 min readLast updated: April 1, 2026
Add as preferred source on GoogleMSC will introduce an emergency fuel surcharge from March 16 on cargo from Northern Europe (including the UK and Scanbaltic) to the Red Sea and East Africa, with rates up to $120 per TEU for reefers on certain routes.
March 5 (Reuters) - Shipping company MSC said on Thursday it would implement an emergency fuel surcharge to all cargo from Northern Europe (including UK and Scanbaltic) to the Red Sea and East Africa, effective March 16.
MSC will impose $40 per twenty-foot equivalent unit (TEU) from Northern Europe (including UK) to Red Sea for dry containers, and $60 per TEU for refrigerated containers.
Dry containers from Northern Europe (including UK) to East Africa would be charged $65 per TEU, while refrigerated containers would be charged $100 per TEU, the world's largest carrier of ocean container cargo said.
MSC will also impose $50 per TEU from the Scanbaltic region to the Red Sea for dry containers, and $75 per TEU for refrigerated containers while the rate would $75 for dry containers per TEU and $120 for refrigerated containers per TEU from Scanbaltic region to East Africa.
(Reporting by Kanjyik Ghosh in Barcelona. Editing by Jane Merriman)
MSC's emergency fuel surcharge will be effective from March 16.
The surcharge applies to all cargo from Northern Europe, including UK and Scanbaltic regions, to the Red Sea and East Africa.
Surcharges range from $40 to $120 per TEU depending on the route and type of container.
MSC is introducing the emergency surcharge in response to increased fuel costs on routes to the Red Sea and East Africa.
Yes, both dry and refrigerated (reefer) containers are subject to the emergency fuel surcharge.
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