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Ocean rates keep sliding, but some rebound for air: Freightos analysis

In the latest development in the Red Sea crisis, Houthis recently announced threats to expand their attacks to Indian Ocean traffic, aimed at disrupting vessel...

Hapag-Lloyd increases Asia container rates

German ocean carrier Hapag-Lloyd said its ocean tariff rates for Freight All Kinds (FAK) between Far East and North Europe & Mediterranean will increase. The...

CMA CGM announces overweight surcharge from South America East Coast

French box carrier CMA CGM has announced a new overweight surcharge (OWS), which will be effective from 1 April 2024 until further notice. This surcharge...

CMA CGM applies new rates from Asia to Mediterranean

French container line CMA CGM has announced the following updated Freight All Kinds (FAK) rates from all Asian main ports to the mentioned Mediterranean...

Carriers ‘undo’ rate hikes on India-US trades amid cargo volume pressure

Container carriers appear to have abandoned plans to hike freight rates on Indian trades to the United States, as they are facing a slump...

CMA CGM revises PSS from North Europe to Med, Adriatic, Black Sea and North Africa

In response to recent developments in the region, CMA CGM has announced a revision of its Peak Season Surcharge (PSS) from North Europe to...

Ocean rates continue to ease post-Lunar New Year: Freightos analysis

Hostilities in the Red Sea intensified last week, and included the first seafarer casualties. But with most container traffic already avoiding the Suez Canal, demand...

SCA introduces new Suez Canal mooring regulations and costs

The Suez Canal Authority (SCA) has announced new Circular No. 1-2024 about regulations and costs of mooring boats, mooring services, and lights during vessels’...

Hapag-Lloyd applies new GRI from Latin America to North America, Mexico, Central America and Caribbean

Hamburg-headquartered box line Hapag-Lloyd has announced a new general rate increase (GRI) from Latin America East Coast ports to North America, Mexico, Central America...

Red Sea developments fail to overcome seasonal lull as rates correct

With the Chinese New Year over and liner operators adjusting their operations to accommodate the diversions round the Cape of Good Hope, rates have...

CMA CGM adjusts Empty Equipment Imbalance Surcharge from Turkey to Spain

In response to evolving regional developments, CMA CGM has adjusted its Empty Equipment Imbalance Surcharge (EEIS) from Turkey to Spain. Effective from 15 March 2024...

Red Sea challenges boost charter rates

Analysts and brokers are continuing to report charter rates spiralling upwards as carriers look to plug gaps in their diverted Asia to Europe services...

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