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CMA CGM announces PSS from North Europe to US West Coast

CMA CGM Group has announced the implementation of a Peak Season Surcharge (PSS), which will take effect from 1 December 2024 (based on the...

Hapag-Lloyd introduces US$1,000 GRI in America

German ocean carrier Hapag-Lloyd announced a General Rate Increase (GRI) from the East Coast of South America to North and Central America, and the...

CMA CGM implements peak season surcharges from Asia to West Africa

Starting in mid-November 2024, CMA CGM will introduce Peak Season Surcharges (PSS) for certain dry cargo shipments from Southeast Asia and China to West...

Global shipping costs surge with key ports showing signs of adaptability

In the first half of 2024, global shipping costs experienced a significant surge, influenced by a mix of operational and geopolitical challenges. These included disruptions...

CMA CGM applies congestion surcharge in Nicaragua and El Salvador

French ocean carrier CMA CGM informed its customers about the implementation of a Port Congestion Surcharge (PCS) in response to the current conditions in...

Victoria’s box terminals to standardize landside pricing tariffs

Following discussions led by the Victorian Department of Transport and Planning (DTP), all three container terminals based in Victoria—DP World Australia, Patrick Terminals, and...

Hapag-Lloyd applies reefer PSS from Ecuador and Peru to US

Hamburg-based container line Hapag-Lloyd has announced a peak season surcharge (PSS), effective from 7 December, for shipments from Peru and Ecuador to the United...

US tariffs to give market short-term boost

Shippers and carriers will have awoken to a new reality today as the result of the US election became apparent it was clear that...

Evergreen executive expects higher contract rates in 2025

General Manager of Evergreen Marine Corporation, Wu Kuang Hui expected contract rates for Transpacific and Asia-Europe container shipments to be hiked in the next...

Maersk revises peak season surcharge in Gambia

Danish container carrier Maersk is revising its Peak seasonal surcharge (PSS) for the scope CAM & CAR, Europe and Americas to Gambia. The updated surcharge...

CMA CGM applies low water surcharge in Montreal

French box carrier CMA CGM has announced the implementation of a Montreal low water surcharge, effective from 10 November for all shipments and 1...

CMA CGM announces fresh America rates

French box line CMA CGM has notified its customers that, effective 1 December, a Rate Restoration Initiative (RRI) will be implemented as follows: The RRI...

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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