Launched in August 2023, the Shanghai INE EC container freight futures contract, based on the SCFI's China – North Europe sub-index, managed to find...

Rates & Surcharges

KOBC Container Composite Index jumps, Busan-US spot rates surge

Ioanna Kontos - January 8, 2025 0

The Korea Ocean Business Corporation (KOBC) announced that the latest KOBC Container Composite Index (KCCI) stood at 3,480 points, reflecting a 4.41% increase from...

Rates & Surcharges

MSC increases Emergency Operation Surcharge from North Europe to America

Container News Team - January 8, 2025 0

In light of the significant changes in the alliances' network, MSC foresees general operational disruption during the first months of 2025. For this reason, the...

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Box lines offer reduced Asia-Europe rates ahead of alliance restructure

Container News Team - January 7, 2025 0

Liner operators are discounting Asia-Europe freight rates for the first two weeks of January, as they fight for market share ahead of the reshuffling of...

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

Ioanna Kontos - January 3, 2025 0

CMA CGM, the French shipping carrier, has announced the implementation of a surcharge effective from 15 January 2025, and continuing until further notice. This surcharge...

Rates & Surcharges

CMA CGM announces PSS from Med to US East Coast and US Gulf

Ioanna Kontos - January 3, 2025 0

Starting from 18 January 2025, and until further notice, CMA CGM will implement a Peak Season Surcharge (PSS). This will apply to cargo originating from...

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Box lines anticipate strike, slap US East Coast surcharges

Ioanna Kontos - January 2, 2025 0

Liner operators are imposing surcharges ahead of expectations that US East Coast port workers will resume strike action on 15 January. Linerlytica’s report this week...

Rates & Surcharges

Hapag Lloyd applies new rates from Middle East & Indian Sub to North America

Ioanna Kontos - January 2, 2025 0

Hapag-Lloyd has announced that a General Rate Increase (GRI) / General Rate Adjustment (GRA) is set to take effect for shipments from the Indian...

Rates & Surcharges

CMA CGM announces surcharges from China to West Africa

Ioanna Kontos - December 30, 2024 0

French ocean carrier CMA CGM has announced the implementation of a Peak Season Surcharge (PSS) effective from 25 December 2024, until further notice. This surcharge...

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Container freight rates out of India continue to weaken amid persistent demand woes

Container News Team - December 30, 2024 0

Container freight rates on major headhaul trades out of India have continued to drop in November amid export demand growth challenges, according to an...

Rates & Surcharges

CMA CGM updates reefer PSS from Chile and Peru

Ioanna Kontos - December 24, 2024 0

CMA CGM has announced an update to its Peak Season Surcharge (PSS) from Chile and Peru, which will be effective on 10 January 2025. The...

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Intra-Asia rates peak ahead of Christmas

Container News Team - December 23, 2024 0

Intra-Asia freight rates have reached new year-to-date highs, powered by double-digit growth in China-Southeast Asia trade. Drewry's Intra-Asia Container Index showed that freight rates are...

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Rates & Surcharges

CMA CGM applies new surcharge from Far East to West Africa

Transpacific container rates starting to spike on demand surge

Hapag-Lloyd increases rates from Pakistan & Indian Sub to North Europe & Med

Asia-Europe rates losing momentum without Transpacific spillover

Hapag-Lloyd applies new surcharge from China to West Africa

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