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European container lines introduce Asia surcharges

Two major container shipping lines, Hapag-Lloyd and CMA CGM, have announced new Peak Season Surcharges for shipments originating from Asia. German ocean carrier Hapag-Lloyd revealed...

CMA CGM applies new PSS from Asia to La Reunion

CMA CGM announced the implementation of a new Peak Season Surcharge (PSS), which will be effective from 1 June 2024 (loading date). This surcharge applies...

Maersk applies peak season surcharge from South China to Bangladesh

Danish box carrier Maersk is implementing a Peak Season Surcharge (PSS) for both dry and reefer containers originating from South China ports and destined...

CN analysis: Freight rate erosion on Indian trades continues as exporters bet on trade growth

Container freight rates on trades out of India have been unable to hold the rate gains they made from the Red Sea crisis, according...

Hapag-Lloyd introduces peak season surcharge from Asia and Oceania to South Africa

German container line Hapag-Lloyd has announced a peak season surcharge (PSS) from Asia and Oceania to South Africa, effective from 6 June until further...

MSC announces new freight rates from North Europe to North Med

MSC has announced the following freight rates effective from 1 July 2024 (gate-in date) until further notice for all dry cargo from North Europe...

CMA CGM announces ESS from the Middle East Gulf to worldwide

CMA CGM has announced an Emergency Space Surcharge (ESS/FRT59) effective from 5 June 2024, until further notice, applicable for shipments originating from the Middle...

Higher consumption in China, US contributed to rate spike

Rising consumption before and after China’s Labour Day holiday, the Canadian railroad strike and concerns relating to the labour-management conflict at US ports are...

Booming May rates mask the looming capacity bomb

Massive increases in container shipping rates since 2 May are the consequence of Asian port congestion, US import demand, reduced Asia to Europe capacity...

MSC increases rates for shipments to Valencia and Antwerp

Swiss/Italian container carrier MSC has announced new Freight All Kinds (FAK) rates for shipments to Europe, effective from 1 June until further notice but not...

Hapag-Lloyd announces peak season surcharges for shipments to North America

Hamburg-based box line Hapag-Lloyd has announced new peak season surcharges for shipments destined for North American ports. The German company will apply a new peak...

European liner operators apply new surcharges from Asia to Africa

Three of the major ocean carriers have announced new peak season surcharges (PSS) for shipments from Asia to several ports in Africa. First of all,...

Latest Posts

CMA CGM introduces new peak season surcharges on Transatlantic Routes

CMA CGM Group has announced new Peak Season Surcharges on shipments from North Europe to the United States. For cargo moving from North Europe, including...

CMB.Tech to merge with Golden Ocean

CMB.Tech is set to merge with fellow listed company Golden Ocean, a major dry bulk owner. CMB.Tech will be the surviving entity in the merger...

Idle containership fleet sees slight decline

In the two weeks leading up to 2 June, the global idle containership fleet saw a net reduction in capacity, despite a rise in...

ANL adjusts port rotation for MYNY service ahead of vessel replacement

ANL has announced a change in the port rotation for voyage MYNY 236N/237S due to internal operational requirements, ahead of the vessel's phase-out in...

Salvors move Wan Hai 503 away from Indian coast

The container ship Wan Hai 503, which suffered a serious fire on 9 June, has now been towed westwards away from Indian waters, after...
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