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

Container News Team - May 21, 2024 0

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

Container News Team - May 21, 2024 0

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

Rates & Surcharges

MSC increases rates for shipments to Valencia and Antwerp

Container News Team - May 17, 2024 0

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...

Rates & Surcharges

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

Container News Team - May 17, 2024 0

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...

Rates & Surcharges

European liner operators apply new surcharges from Asia to Africa

Antonis Karamalegkos - May 17, 2024 0

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,...

Rates & Surcharges

Hapag-Lloyd increases rates from India and Pakistan

Container News Team - May 15, 2024 0

German container carrier Hapag-Lloyd has announced new rates from India and Pakistan to several destinations worldwide. In particular, the Hamburg-based box line will increase its...

Market panic triggers sharp rate surge

Container News Team - May 14, 2024 0

According to the latest analysis of the shipping consultancy Linerlytica, the market panic over tightening vessel space availability has sent the Shanghai Containerized Freight...

Rates & Surcharges

CMA CGM introduces new peak season surcharges from China to Africa

Container News Team - May 14, 2024 0

Marseille-based box line CMA CGM will apply new peak season surcharges in the next few days for shipments from China to African destinations. CMA CGM...

Rates & Surcharges

CMA CGM implements new rates from Indian Subcontinent to North Europe

Container News Team - May 14, 2024 0

French ocean carrier CMA CGM has announced updated Freight All Kinds (FAK) rates, which will be effective from 1 June. The new rates will...

Rates & Surcharges

GRIs fuel container spot prices, reverse the “post-Chinese New Year rate correction”

Container News Team - May 13, 2024 0

The Drewry World Container Index (WCI) reported a 16% increase touching US$3,159 stemming an 11-week phase of decline and stability, led primarily by the...

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Maersk applies updated peak season surcharges from Far East Asia

Container News Team - May 13, 2024 0

Danish container line Maersk has announced new and updated peak season surcharges from Far East Asia ports. Maersk is implementing the Peak Season Surcharge (PSS)...

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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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