The closure of the Suez route has changed the fundamental outlook for container shipping in 2024, with a potential capacity crunch in Asia looming in...

Rates & Surcharges

CMA CGM implements new port congestion surcharge in Cameroon

Ioanna Kontos - January 14, 2024 0

In response to the ongoing port congestion in Douala, Cameroon, CMA CGM has notified its customers about the introduction of a Port Congestion Surcharge...

Industry Opinions

Red Sea-Suez crisis quadruples Asia-Europe & Med rates

Container News Team - January 12, 2024 0

About 90% of all the containerized fleet that would have ideally taken the Suez Canal have now re-routed via the Cape of Good Hope....

Rates & Surcharges

Hapag-Lloyd increases rates from India to Latin America

Container News Team - January 12, 2024 0

German box line Hapag-Lloyd has announced a new general rate increase (GRI) from India to West Coast Latin America, Central America, Caribbean and Mexico. The...

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Hapag-Lloyd increases rates from Indian Sub and Middle East to North America

Ioanna Kontos - January 10, 2024 0

Hapag-Lloyd announced a General Rate Increase (GRI) / General Rate Adjustment (GRA) for cargo transported in 20' and 40' dry, reefer and special containers,...

Rates & Surcharges

CMA CGM applies new peak season surcharges from Far East Asia to West Africa Central

Ioanna Kontos - January 10, 2024 0

CMA CGM has announced a new Peak Season Surcharge (PSS) that will be in effect from today (10 January) until further notice. The surcharge of...

Most Popular

Maersk announces new peak season surcharges worldwide

Antonis Karamalegkos - January 9, 2024 0

Maersk has unveiled new peak season surcharges worldwide, which are going to take effect in January and February. The Danish ocean carrier is introducing a...

Rates & Surcharges

India-US shippers hit by three rounds of hefty rate hikes in January

Container News Team - January 8, 2024 0

Indian shippers are getting flooded with general rate increase (GRI) and peak season surcharge (PSS) notices as container lines attempt to maximise pricing out...

Most Popular

CMA CGM announces new FAK rates from Asia to Med and North Europe

Ioanna Kontos - January 5, 2024 0

The French carrier, CMA CGM implemented new Freight All Kinds (FAK) rates as follows from 15 January 2024 (date of loading in the origin ports)...

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Charter rates for large boxships jump in response to Red Sea diversions

Container News Team - January 4, 2024 0

In response to the shortage of ships resulting from Red Sea diversions, tonnage providers have jacked up charter rates, particularly for larger vessels that...

News

EU ETS boost from Red Sea conflict

Container News Team - January 4, 2024 0

Carbon trading in the maritime sector was launched on 1 January, but the effects of the EU Emissions Trading System (EU ETS) have been...

Most Popular

CMA CGM implements PSS from Asia to North Europe and Mauritius

Ioanna Kontos - January 2, 2024 0

The French carrier announced the following Peak Season Surcharge (PSS) from all Asian main ports to North Europe including Scandinavia, Baltic States and Poland...

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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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