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Maersk announces updates on peak season surcharges worldwide

Maersk has announced updates on its peak season surcharges (PSS), which will take effect from mid-February. The Danish ocean carrier is decreasing the PSS from...

CMA CGM implements new peak season surcharges from India to Africa

French ocean carrier CMA CGM has informed its customers about an upcoming Peak Season Surcharge. Starting from 15 July 2024 (gate-in date) until further notice,...

US East Coast strike risk could mean more spikes in freight rates

There is a real risk of labour disruptions in US East Coast ports, given the breakdown in negotiations between the union and the terminals...

CMA CGM implements peak season surcharge from South America East Coast to Europe

Marseille-based box line CMA CGM announced a Peak Season Surcharge (PSS) from 1 August to 31 December 2024 (loading date). The surcharge applies to dry...

Maersk adjusts Far East peak season surcharges

Maersk has decided to adjust the Peak Season Surcharge (PSS) for Indonesia, Malaysia, Singapore, Vietnam, Cambodia, Thailand, Myanmar (Burma) and Laos to Congo, effective...

CMA CGM applies new Indian Subcontinent FAK rates

French ocean carrier CMA CGM announced updated Freight All Kinds (FAK) rates from the Indian Subcontinent to several destinations worldwide applicable from 15 July...

Hapag-Lloyd increases rates worldwide

Hapag-Lloyd announced that a General Rate Increase (GRI) will be implemented for all cargo in dry and reefer containers from the South America East...

CMA CGM announces PSS updates

CMA CGM has announced a Peak Season Surcharge (PSS) effective from 1 July 2024 (loading date) until further notice. Originating from China, Taiwan, Hong Kong,...

CMA CGM updates rates from Middle East Gulf to North Europe, Med and North Africa

CMA CGM announced new Freight All Kinds (FAK) rates effective from 12 July (loading date at origin ports) until further notice. These new FAK rates...

CN analysis: Container freight rates out of India on major trades see gains as capacity tightens

Container freight rates on trades out of India have begun to rebound after recent downward corrections from the Red Sea crisis-linked highs, according to...

MSC implements Oceania peak season surcharges

MSC has announced a Peak Season Surcharge (PSS) effective 1 July 2024, due to robust demand in the Oceania region. The surcharge will apply to...

Container Prices Double, Leasing Rates Triple in China

The average container prices in China have reached their highest in two years, at US$3,600 this week for 40 ft high cube cargo-worthy containers...

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Far East–East Coast South America trade sees capacity surge

As of June, the Far East–East Coast South America trade corridor is served by nine regular services, up from six a year ago, according...

ICS announces new leadership and strategic focus amid global maritime challenges

At its Annual General Meeting and Board Meeting in Athens, Greece, opened by Vassilis Kikilias, Greece’s Minister of Maritime Affairs and Insular Policy, the...
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