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Rates & Surcharges

Container spot rate slides continue as the revised tariff rates and deadlines keep the market on vigil

The Drewry World Container Index (WCI) extended its weekly decline that commenced Mid-June, led primarily by a decline in the Asia- North America Rates,...

MSC adds surcharge on IPAK, Middle East shipments to Guinea

MSC Mediterranean Shipping Company has announced the introduction of a Congestion Surcharge (CGS) on all cargo shipments from India, Pakistan, and the Middle East...

Maersk to adjust peak season surcharge on Far East Asia–Mediterranean

Maersk has announced an upcoming adjustment to its Peak Season Surcharge (PSS) on shipments from Far East Asia to the Mediterranean, covering the E2W...

Capacity overload expected to send spot rates crashing

A 288% increase in the in vessel orders in the first half of this year suggests that the container ship ordering spree remains in...

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

Swire Shipping has announced a general rate increase (GRI) for cargo transported on its Pacific Islands Container Express, specifically the MAERSK YELLOWSTONE 523S /...

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

Maersk has announced a revision to its Peak Season Surcharge (PSS) affecting shipments from Far East Asia to Nepal, Kattupalli, and Visakhapatnam in India....

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...

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...

FBX slides as container rates cool across key trade lanes

The latest figures from the Freightos Baltic Index (FBX) show a significant drop in global container freight rates, with the composite index falling 19.7%...

Maersk implement PSS on US & Canada west coast routes

Maersk has announced an upcoming Peak Season Surcharge (PSS) for shipments from the Indian Subcontinent and Middle East to the West Coast of the...

Maersk announces PSS for Indian subcontinent and Middle East to U.S. East coast and Gulf

Maersk has announced a revised Peak Season Surcharge (PSS) set to take effect on August 1, 2025, for shipments moving from the Indian Subcontinent...

ANL announces peak season surcharge for shipments to New Zealand

ANL will introduce a peak season surcharge for all shipments starting 1st August 2025 due to an imbalance between supply and demand. The surcharge will...

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Marie Maersk to resume voyage after flames contained

The fire on container ship Marie Maersk has been brought under control after almost two weeks, and the vessel has been deemed safe to...

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A single moment of distraction, fatigue, or misjudgment by a truck driver can have absolutely devastating consequences that ripple through entire families for years....

How Shippers Secure Fast Capital for Peak Season

Are you anticipating the surge of peak shipping and freight season?  For importers, non-vessel operating common carriers (NVOCCs), and drayage operators, securing fast funding before...

OOCL expects hurdles from US port fees and competition

Hong Kong's Orient Overseas International Ltd (OOIL) said that impending US port fees that would be imposed on Chinese operators from 14 October, would...
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