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Rates & Surcharges

CMA CGM updates freight rates worldwide

CMA CGM, the French carrier, has announced Freight All Kinds (FAK) rates effective from 1 July 2024, for shipments originating from North Europe, West...

European container lines introduce Asia surcharges

Two major container shipping lines, Hapag-Lloyd and CMA CGM, have announced new Peak Season Surcharges for shipments originating from Asia. German ocean carrier Hapag-Lloyd revealed...

CMA CGM applies new PSS from Asia to La Reunion

CMA CGM announced the implementation of a new Peak Season Surcharge (PSS), which will be effective from 1 June 2024 (loading date). This surcharge applies...

Maersk applies peak season surcharge from South China to Bangladesh

Danish box carrier Maersk is implementing a Peak Season Surcharge (PSS) for both dry and reefer containers originating from South China ports and destined...

CN analysis: Freight rate erosion on Indian trades continues as exporters bet on trade growth

Container freight rates on trades out of India have been unable to hold the rate gains they made from the Red Sea crisis, according...

Hapag-Lloyd introduces peak season surcharge from Asia and Oceania to South Africa

German container line Hapag-Lloyd has announced a peak season surcharge (PSS) from Asia and Oceania to South Africa, effective from 6 June until further...

MSC announces new freight rates from North Europe to North Med

MSC has announced the following freight rates effective from 1 July 2024 (gate-in date) until further notice for all dry cargo from North Europe...

CMA CGM announces ESS from the Middle East Gulf to worldwide

CMA CGM has announced an Emergency Space Surcharge (ESS/FRT59) effective from 5 June 2024, until further notice, applicable for shipments originating from the Middle...

Higher consumption in China, US contributed to rate spike

Rising consumption before and after China’s Labour Day holiday, the Canadian railroad strike and concerns relating to the labour-management conflict at US ports are...

Booming May rates mask the looming capacity bomb

Massive increases in container shipping rates since 2 May are the consequence of Asian port congestion, US import demand, reduced Asia to Europe capacity...

MSC increases rates for shipments to Valencia and Antwerp

Swiss/Italian container carrier MSC has announced new Freight All Kinds (FAK) rates for shipments to Europe, effective from 1 June until further notice but not...

Hapag-Lloyd announces peak season surcharges for shipments to North America

Hamburg-based box line Hapag-Lloyd has announced new peak season surcharges for shipments destined for North American ports. The German company will apply a new peak...

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BIMCO Shipping Number of the week: US grain shipments jump 9% despite Chinese tariffs

“During the first half of 2025, US seaborne grain shipments increased 9% y/y, driven by stronger maize exports. While an increase in import tariffs...

Maersk announces PSS for Indian subcontinent and Middle East to U.S. East coast and Gulf

Maersk has announced a revised Peak Season Surcharge (PSS) set to take effect on August 1, 2025, for shipments moving from the Indian Subcontinent...

Chittagong port sees 4% growth in box handling in FY25

Bangladesh’s prime seaport, the Chittagong port, has attained 4.01% container handling growth in fiscal year 2024-25 that ended on June 30. (adsbygoogle...

COSCO joins methanol movers in container shipping

COSCO Shipping Lines has become the next mainline operator to deploy large methanol-propelled container ships, emulating green fuel pioneer Maersk Line, the South Korean...
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