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Maersk applies peak season surcharge from West Africa to Canada

Danish ocean carrier Maersk will implement a Peak Season Surcharge (PSS) for shipments from West Africa to Canada. The following surcharge will be effective from...

CMA CGM applies updated rates from Middle East Gulf to North Europe and Med

CMA CGM has announced new Freight All Kinds (FAK) rates, effective from 15 January 2025 and until further notice, as follows: 20' 40' From the Middle East...

Hapag-Lloyd’s new rates from Indian Sub to Europe and North Africa

Hapag Lloyd has announced an increase in ocean tariff rates for shipments from Pakistan, India, Sri Lanka, and Bangladesh to Europe and North Africa. This...

MSC more than doubles EOS from North Europe to US

Swiss/Italian ocean carrier MSC has announced an increase in the emergency operation surcharge for shipments from North Europe to the United States, Bahamas and Puerto...

CMA CGM updates FAK rates from Indian Sub to North Europe and Med

French shipping company CMA CGM has announced new Freight All Kinds (FAK) rates effective from 15 January 2025 (gate-in date), until further notice. These updated...

Transpacific rate rebound gives box lines upper hand in contract negotiations

Transpacific rates have shot up ahead of an increasingly likely industrial action by US East Coast port workers. This will give mainline operators bargaining...

CMA CGM announces peak season surcharges from China to West Africa

French ocean carrier CMA CGM has announced new peak season surcharges (PSS) from China to West Africa, which will be effective in the next...

Evolving India-West Africa Trade Dynamics Amid Surging Container Freight Rates

The maritime trade route between India and West Africa has shown a pattern of volatility alongside significant growth, particularly in the realm of container...

Asia-Europe ocean rates continue to climb on early LNY rush

Ocean rates from Asia to Europe and the Mediterranean increased last week, with prices of US$5,300/FEU to Europe approaching levels in the lead-up to...

Hapag-Lloyd increases rates from Middle East & Indian Sub to North America

German ocean carrier Hapag-Lloyd has announced that a General Rate Increase (GRI)/General Rate Adjustment (GRA) will be introduced for shipments from the Indian Subcontinent...

Bumpy rates in 2025 amid alliance resets and ongoing Red Sea challenges

The seasonal drop in container freight rates after Chinese New Year 2025 could be greater than in previous years, as it coincides with the...

Hapag-Lloyd introduces new surcharge from Egypt to West Africa

German ocean carrier Hapag-Lloyd has announced that a new Equipment Imbalance Surcharge (EIS) will be implemented from Egypt to West Africa. Effective from 15 December,...

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Red Sea shipping traffic rebounds as Houthis limit targets

Red Sea maritime traffic has increased by 60% to approximately 36–37 vessels per day since August 2024, as Reuters reported. However, it still falls short...

CMA CGM applies new surcharge from Far East to West Africa

French ocean carrier CMA CGM has announced a peak season surcharge (PSS) for shipments from Northeast Asia, Southeast Asia, China and Hong Kong &...

China to counterbalance Panama setback through South America projects

As geopolitical tensions deepen and shipping lanes become politicized battlegrounds, China is recalibrating its approach to the Western Hemisphere. The recent retreat of CK Hutchison...

PIL christens new 8,200 TEU boxship

Pacific International Lines (PIL) named its latest 8,200 TEU LNG dual-fuel container vessel, Kota Ocean, at the PSA Terminal in Singapore. The vessel was named...

Singapore authorities away grounded container barge

Authorities in Singapore have towed away a container barge that ran aground off the resort island of Sentosa this morning (6 June). ...
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