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

Industry Opinions

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

Container News Team - December 11, 2024 0

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...

Rates & Surcharges

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

Ioanna Kontos - December 11, 2024 0

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...

CN Premium Articles

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

Container News Team - December 10, 2024 0

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

Rates & Surcharges

Hapag-Lloyd introduces new surcharge from Egypt to West Africa

Container News Team - December 9, 2024 0

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,...

CN Premium Articles

Dimerco: Tighter capacity and higher rates fuelled by tariffs

Container News Team - December 6, 2024 0

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...

Rates & Surcharges

Maersk implements updated PSS from China to Philippines

Ioanna Kontos - December 6, 2024 0

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

Rates & Surcharges

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

Ioanna Kontos - December 6, 2024 0

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...

Rates & Surcharges

CMA CGM introduces congestion surcharge in Gambia

Ioanna Kontos - December 6, 2024 0

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...

Rates & Surcharges

CMA CGM applies peak season surcharges from Europe to North America

Ioanna Kontos - December 5, 2024 0

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...

Rates & Surcharges

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

Ioanna Kontos - December 5, 2024 0

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

Rates & Surcharges

Maersk revises Far East – Middle East peak season surcharge

Container News Team - December 4, 2024 0

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...

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Rates & Surcharges

Swire Shipping to implement GRI for for Europe, United Kingdom and South Africa to Pacific Islands

Maersk announced PSS for Far East Asia to Nepal and Indian ports

Neptune Pacific to implement general rate increase

Few new players retreat as transpacific rates crash

FBX slides as container rates cool across key trade lanes

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