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MSC applies fresh rates from Asia to Antwerp and Valencia

Mediterranean Shipping Company (MSC) has announced new freight rates, which will be applicable from 9 August until further notice but not beyond 31 August,...

CMA CGM imposes PCS of US$1,500/reefer in Fuqing Fuzhou, China

CMA CGM will apply a port congestion surcharge (PCS) of US$1,5000 per TEU to the ports of Fuqing Fuzhou in China. This surcharge will...

SCFI crosses the US$4,000/TEU mark for the first time in history

The Shanghai Containerized Freight Index (SCFI) has exceeded the US$4,000/TEU point for the first time in history on 16 July, reaching 4,054.42 points, marking...

CMA CGM to set new rates from Asia to North Europe and Med

CMA CGM has announced several rate increases from Asia to North Europe and the Mediterranean that will be effective from August. Firstly, the French carrier...

CMA CGM raises charges to East Africa

The French liner operator CMA CGM will implement fresh Freight All Kinds (FAK) rates for sailings with destination to East Africa's regions. The increased...

European carriers to increase rates from Asia

The European shipping companies Hapag Lloyd and CMA CGM have announced new charges from several Asia regions to various destinations worldwide, which will take...

South Korea-China rates buck runaway market

South Korea-China container rates are bucking the global trend of upward freight movements, as falling exports from South Korea to China, are putting downward...

Updated: MSC sets increased prices from Asia to Antwerp and Valencia

Mediterranean Shipping Company (MSC) has announced new rates from Sri Lanka, India, Pakistan and United Arab Emirates (UAE) to two of the most important...

Hapag-Lloyd to increase rates from Asia

Hapag-Lloyd has announced several new charges from Asia ports that will take effect from late July and August. Firstly, the German liner operator has applied...

CMA CGM announces new surcharges worldwide

CMA CGM has published several new peak season surcharges (PSS) across the world, which will be effective from late July and August. Firstly, the marseille-based...

Hapag-Lloyd increases charges for Med and North Europe destinations

The German container carrier Hapag-Lloyd has announced increased Ocean Tariff rates for all cargo for 20’ and 40’ General Purpose, including high cube containers,...

MSC raises prices from Oceania to European ports

Mediterranean Shipping Company (MSC) has announced new Freight All Kinds (FAK) rates from Australia and New Zealand to Europe. The Swiss container line will apply...

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Singaporean state investment firm Temasek mum on PIL bailout

The Singapore government’s investment company Temasek Holdings is remaining tight-lipped on market talk that it may take a stake in embattled liner operator Pacific...

High speed and compromised manoeuvring caused Milano Bridge accident

The container ship Milano Bridge had failed to slow down as it attempted to berth in Busan New Port on 6 April 2020, causing...

Chinese shipyards win giant container ship order

Chinese shipyards will build six 24,232TEU containerships, the largest in the world as of today, that the Bank of Communications Financial Leasing (Bocomm Leasing)...

MSC Rosa M damages Mumbai crane

The 14,000TEU MSC Rosa M has hit and seriously damaged a crane at the DP World terminal in Nhava Sheva, NSIGT in Mumbai, while...

Taking the personal view for crew working on container shipping

Philip Eastell – Founder of Container Shipping Supporting Seafarers – describes the personal side of container operations at a time when crew, affected by...