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Maersk applies new PSS from Far East to West Coast South America

Maersk will implement the following Peak Season Surcharge (PSS) from Far East Asia to the West Coast of South America. The Danish carrier has published...

Spot box rates lose momentum after four weeks

Four weeks of gains in spot container freight rates are expected to evaporate as mainline operators continue chasing market share despite weak demand. While Transpacific...

MSC announces port congestion surcharge to South Africa

Italian/Swiss container line MSC has announced a new congestion surcharge (CGS) for cargo from any destination except East and West Africa to all South...

Maersk to implement new Peak Season Surcharge from Far East to East Coast South America

Maersk has announced a new Peak Season Surcharge (PSS) for 20dry, 40dry, 40hdry, and 45hdry containers from the Far East to the East Coast...

Hapag-Lloyd increases FAK rates between Far East and Europe

Hapag Lloyd announced an increase in Freight All Kinds (FAK) rates between the Far East and North Europe, as well as the Mediterranean. For sailings...

CMA CGM applies new FAK rates from Asia to Med and North Africa

Marseille-based container line CMA CGM has announced new Freight All Kinds (FAK) rates from all Asian main ports to all Mediterranean base ports (areas...

CMA CGM applies new FAK rates from Asia to North Europe

Marseille-based container line CMA CGM has announced new Freight All Kinds (FAK) rates from all Asian ports, including Japan, South East Asia and Bangladesh,...

Hapag-Lloyd raises rates from California to Indian Subcontinent and Middle East

Hapag-Lloyd has announced a General Rate Increase (GRI) from the US West Coast to Indian Subcontinent and Middle East for cargo transported in 20’...

Hapag-Lloyd increases rates from Indian Subcontinent to US East and West Coasts

Hapag-Lloyd has announced a new General Rate Increase (GRI) / General Rate Adjustment (GRA) from India, Pakistan, Sri Lanka and Bangladesh to the United...

CMA CGM to introduce new peak season surcharge in Dakar port

Marseille-headquartered box carrier CMA CGM will implement a peak season surcharge (PSS) from North Europe, Mediterranean, North Africa, North America, Latin America, Middle East...

SCFI registers two digit jump

The composite Shanghai Containerized Freight Index (SCFI) closed at 1,012.6 points in Week 43, surging 10.3% from the previous week and remaining on an...

CCFI down for six weeks running, SCFI increases

The composite China Containerized Freight Index (CCFI) stood at 811.5 points in Week 43, which fell 0.7% from the previous week and has kept...

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Maersk-operated ship knocks down Baltimore bridge

The Singapore-flagged container vessel Dali, which is chartered by the Danish shipping giant Maersk, crushed into a road bridge in Baltimore, US. The Francis Scott...

Carriers playing catch-up to further tilt supply-demand imbalance

Ocean Network Express (ONE) announced an aggressive midterm plan on 19 March to grow its operated fleet to 3 million TEUs by 2030, representing...

CMA CGM updates rates from Asia to North Europe

CMA CGM has announced new Freight All Kinds (FAK) rates effective from 1 April 2024 (loading date) until further notice. These updated FAK rates are...

CMA CGM teams up with new Saudi line to enhance Red Sea service

French ocean carrier CMA CGM is partnering with Folk Maritime, a new independent feeder and short-sea shipping operator in Saudi Arabia, to commence the...

Maersk relaunches Transpacific service

Maersk aims to improve its Asia - US East Coast service network by restarting the TP20 service. As of mid-April, the Danish shipping company will...