3.3 C
Hamburg
Tuesday, March 19, 2024
Home Rates & Surcharges

Rates & Surcharges

Ocean rates continue to ease post-Lunar New Year: Freightos analysis

Hostilities in the Red Sea intensified last week, and included the first seafarer casualties. But with most container traffic already avoiding the Suez Canal, demand...

SCA introduces new Suez Canal mooring regulations and costs

The Suez Canal Authority (SCA) has announced new Circular No. 1-2024 about regulations and costs of mooring boats, mooring services, and lights during vessels’...

Hapag-Lloyd applies new GRI from Latin America to North America, Mexico, Central America and Caribbean

Hamburg-headquartered box line Hapag-Lloyd has announced a new general rate increase (GRI) from Latin America East Coast ports to North America, Mexico, Central America...

Red Sea developments fail to overcome seasonal lull as rates correct

With the Chinese New Year over and liner operators adjusting their operations to accommodate the diversions round the Cape of Good Hope, rates have...

CMA CGM adjusts Empty Equipment Imbalance Surcharge from Turkey to Spain

In response to evolving regional developments, CMA CGM has adjusted its Empty Equipment Imbalance Surcharge (EEIS) from Turkey to Spain. Effective from 15 March 2024...

Red Sea challenges boost charter rates

Analysts and brokers are continuing to report charter rates spiralling upwards as carriers look to plug gaps in their diverted Asia to Europe services...

Maersk revises PSS from Far East to East Coast South America

Maersk has announced a revision of its Peak Season Surcharge (PSS) for shipments from Far East Asia to East Coast South America for all...

CMA CGM adjusts local port charges in Indonesia

French shipping line CMA CGM has announced updated local port charges in Indonesia, which are set to take effect from 15 March 2024 (date...

CMA CGM applies PSS from Indian Sub, Middle East Gulf, Red Sea and Egypt to US

CMA CGM has announced the implementation of a new Peak Season Surcharge (PSS) starting from 20 March, until further notice. This surcharge will apply to...

Contrasting period for container spot and contract markets – Way forward outlook

The latest quote by the Drewry World Container Index (WCI) voiced the correction in spot prices after the massive 138% swing in 6 weeks...

CMA CGM implements new rates from Europe to Latin America and Carribean

French shipping line CMA CGM has unveiled updated Freight All Kinds (FAK) rates, effective from 1 April 2024, from Europe to Latin America and...

Hapag-Lloyd increases rates from North Europe and Mediterranean

Hapag-Lloyd has unveiled new ocean tariff rates for shipments from North Europe to destinations including India, Pakistan, the Red Sea, and the Arabian Gulf. The...

Most Popular

Maersk circles DB Schenker as it ponders acquisition

Maersk has appointed financial advisors to help the carrier evaluate its freight forwarder target DB Schenker which was put up for sale last year. Danish...

ZIM reports US$2.7 billion annual net loss amidst financial downturn

Israeli ocean carrier ZIM announced its results for the previous year, following the trend observed across major container lines, according to which the companies'...

Red Sea developments fail to overcome seasonal lull as rates correct

With the Chinese New Year over and liner operators adjusting their operations to accommodate the diversions round the Cape of Good Hope, rates have...

Red Sea crisis spurs surge in TEU capacity: Newbuildings fully absorbed

The total container ship capacity deployed on trades affected by the Red Sea crisis has increased by 1.26 million TEUs since October 2023, driven...

Singaporean bulk carrier hit by Houthi missiles in mistaken identity

Houthi rebels have apparently fired at a Singaporean-owned bulk carrier after mistaking it for a US ship. The 2012-built Singapore-flagged Supramax vessel, Propel Fortune, was...