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Maersk revises reefer surcharge from India to Iraq

Maersk is revising the Peak Season Surcharge (PSS) for shipments from India's ports of Jawaharlal Nehru, Mundra and Pipavav to Iraq. The following updated surcharge...

Ocean container shipping rates may fall after USEC deal

Strikes at ports on the US East Coast and Gulf Coast, which would have caused an economic and supply chain crisis, have been called...

Shanghai container freight futures point to declining rates in 2025

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...

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

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...

MSC increases Emergency Operation Surcharge from North Europe to America

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...

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

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...

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

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...

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

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...

Box lines anticipate strike, slap US East Coast surcharges

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...

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

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

CMA CGM announces surcharges from China to West Africa

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...

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

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

Latest Posts

Gothenburg Port signs deal with Wallenius Wilhelmsen

A major development is underway at Scandinavia’s largest cargo hub as the Port of Gothenburg signs a long-term agreement with Wallenius Wilhelmsen, granting the...

Neptune Pacific to implement general rate increase

Neptune Pacific Line has announced it will apply a General Rate Increase (GRI) on cargo bound for Micronesia, the Marshall Islands, and the Solomon...

Asian waters see 86% rise in sea robbery in Jan-June period

A very alarming situation is prevailing in Asian waters, with ships and crews often falling in danger, breaking all past records of incidents.  Within a...

Maersk and Saudi Post join forces

Maersk Saudi Arabia and Saudi Post Company (SPL) have signed a strategic Memorandum of Understanding (MoU) to enhance logistics and supply chain services for...

Few new players retreat as transpacific rates crash

Opportunistic Transpacific newcomers have responded differently to the collapse in freight rates. (adsbygoogle = window.adsbygoogle || ).push({}); Only China United Lines...
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