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Dimerco: Tighter capacity and higher rates fuelled by tariffs

The first indications that a surge in freight may occur came from Drewry’s today when the consultant’s WCI composite index showed global, week-on-week, rates...

Maersk implements updated PSS from China to Philippines

Maersk will adjust the Peak Season Surcharge (PSS) rates for both dry and reefer containers departing from North China and East China ports and...

CMA CGM applies Panama Canal Transit Surcharge from Far East to US East Coast & US Gulf

The Panama Canal Authority has introduced a new booking reservation system, the Long-Term Slot Allocation (LoTSA), to regulate canal crossing reservations. This system, which will...

CMA CGM introduces congestion surcharge in Gambia

French ocean carrier CMA CGM has announced the implementation of a port congestion surcharge (PCS) at Gambia's port of Banjul. The surcharge will take effect...

CMA CGM applies peak season surcharges from Europe to North America

CMA CGM has announced the implementation of several Peak Season Surcharges, effective from 1 January 2025, until further notice. The first surcharge applies to cargo...

Maersk revises peak season surcharge from Asia-Pacific to Saudi Arabia

Maersk is updating the peak season surcharge (PSS) for shipments from Brunei, China, Hong Kong SAR, Vietnam, Indonesia, Japan, Cambodia, South Korea, Laos, Myanmar,...

Maersk revises Far East – Middle East peak season surcharge

Danish ocean carrier Maersk has announced the revision of the peak season surcharge (PSS) from Far East Asia to Middle East. The following updated surcharge...

Asia – Europe rates climbing on December GRIs

Some frontloading ahead of a possible ILA port strike after January 15th and expectations of tariff increases next year have kept transpacific ocean rates...

Maersk applies new PSS to Kenya and Tanzania

Danish ocean carrier Maersk is implementing a Peak Season Surcharge (PSS) from China, Hong Kong, Japan, South Korea, Brunei, Vietnam, Indonesia, Cambodia, Laos, Myanmar...

CMA CGM announces surcharges from Far East

In response to the current situation in Beira, Mozambique, CMA CGM has announced the implementation of a Port Congestion Surcharge (PCS) effective from 22...

MSC introduces congestion surcharge in Mozambique

Due to ongoing congestion at the Port of Beira in Mozambique, which has created challenging operational conditions, MSC will implement a congestion surcharge. This surcharge...

CMA CGM applies surcharges from Indian Sub and Middle East

French container carrier CMA CGM has announced new surcharges from the Indian Subcontinent and Middle East to worldwide destinations. The company will implement a Peak...

Latest Posts

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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