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Vessel redeployment forces rate rises in secondary trades

Liner companies chasing the high returns on the major trade lanes are shifting tonnage from secondary services, with consultancy Xeneta warning shippers and forwarders...

CMA CGM applies updated PSS from Spain to America

CMA CGM Group has announced an update on the Peak Season Surcharge from Spain to the West Coast South America, Central America and the...

CMA CGM announces reefer operational surcharge for pharma cargo

French ocean carrier CMA CGM has announced an update to its reefer operational surcharge for pharma cargo transported in reefer containers. This surcharge will be...

CMA CGM applies new peak season surcharge from Latin America to West Africa

CMA CGM will implement a new Peak Season Surcharge (PSS) from Lating America to West Africa, scheduled to start on 1 August (based on...

Maersk announces PSS update from IMEA to US and Canada

Maersk is updating the Peak Season Surcharge (PSS) for shipments from India, the Middle East, and Africa (IMEA) to the United States East &...

Maersk implements PSS from South China to Cambodia

Maersk is introducing a Peak Season Surcharge (PSS) for dry and reefer containers from South China ports to Cambodia's port of Sihanoukville, starting on...

Pause in Transpacific rate surge

Transpacific freight rates have corrected after rising for more than three months, as capacity additions have begun making an impact. When the Shanghai Containerised Freight...

CMA CGM introduces US$1,000 surcharge from India West Coast to East Africa and Indian Ocean

French ocean carrier CMA CGM has notified its customers of an upcoming Peak Season Surcharge. This surcharge will be effective from 1 August 2024 (based...

Maersk updates PSS for C1E trade route

Maersk has announced an updated Peak Season Surcharge (PSS) for the trade route C1E, effective from 15 July 2024. The Danish shipping firm has included...

Hapag-Lloyd implements new peak season surcharges worldwide

Hapag-Lloyd has announced several peak season surcharges (PSS) worldwide effective from the next days in July and early August. The German ocean carrier will apply...

Maersk applies fresh PSS from India, Bangladesh and Sri Lanka to UAE

Danish box line Maersk has announced an updated Peak Season Surcharge (PSS) from India, Bangladesh and Sri Lanka to United Arab Emirates for all...

Freightos Weekly Update: Rates keep climbing on early month increases

Ocean rates out of Asia climbed significantly last week, with the latest daily prices already at US$8,200/FEU to North America West Coast, US$9,300/FEU to...

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Folk Maritime expands South Red Sea service

Folk Maritime Services Company has announced the enhancement of its South Red Sea Service, introducing a revised rotation aimed at boosting regional trade connectivity. The...

Emirates SkyCargo launches specialized solution for aircraft engine transport

Emirates SkyCargo has unveiled a new specialized product, designed specifically for the secure and efficient transport of one of aviation’s most critical and high-value...

Singapore launches first fully electric tug

Kuok Maritime Group (KMG), through its industry-led Coastal Sustainability Alliance (CSA), has launched Singapore’s first fully electric tug (E-Tug), marking a significant milestone in...

Flinders Port Holdings announces $350 million investment

Flinders Adelaide Container Terminal (FACT) is poised for a major transformation with an investment exceeding $350 million to boost its capacity and operational efficiency....

Port of Hamburg to invest €1.1 billion

Hamburg embarks on a transformative €1.1 billion investment in its port infrastructure, with a focus on expanding and modernising operations at the Waltershofer Hafen,...
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