Norway-based ocean and air freight rate platform suggests that next year could be "even more brutal than expected" for ocean carriers in the freight...

Rates & Surcharges

CN analysis: Container carriers see no respite from rate declines on Indian trades

Container News Team - November 30, 2023 0

Container freight rates across trades out of India have continued to slide in November, while ocean carriers await some pricing gains from improving export...

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MSC introduces Panama Canal surcharge

Container News Team - November 29, 2023 0

MSC has announced it will implement a Panama Canal Surcharge (PCS) of US$297 / container for cargo from Adia to the Caribbean transiting the...

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CMA CGM increases freight rates from Asia

Container News Team - November 24, 2023 0

French ocean carrier CMA CGM has announced new Freight All Kinds (FAK) rates from Asia to North Europe, the Mediterranean and North Africa. The following...

Rates & Surcharges

Ex-Busan container rate index shows downward trends

Container News Team - November 24, 2023 0

The KOBC Container Composite Index (KCCI) closed at 1,255 points on 20 November, according to Korea Ocean Business Corp. (KOBC). The index fell 0.55% from...

Rates & Surcharges

Carriers on India-US trade attempt higher rate hikes for December

Container News Team - November 23, 2023 0

Container carriers serving India-US trades seem to have regained some strength to attempt higher rate increases amid promising export trade indications. CMA CGM has doubled...

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Hapag-Lloyd to increase rates worldwide in December

Antonis Karamalegkos - November 16, 2023 0

Hapag-Lloyd has announced rate increases in several routes across the world, which will take effect in the next month. The German carrier will implement a...

Rates & Surcharges

CMA CGM introduces congestion surcharge in South Africa

Container News Team - November 16, 2023 0

French ocean carrier CMA CGM has announced a new port congestion surcharge (PCS) in South African ports due to the ongoing congestion in the...

Rates & Surcharges

CMA CGM announces BAF update in Algeria, Tunisia and Morocco RoRo services

Ioanna Kontos - November 15, 2023 0

Following the development of bunker prices since the last surcharge adjustment, CMA CGM SSL Intra Europe will modify its Bunker Adjustment Factor (BAF) on...

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Rates continue falling with capacity additions

Container News Team - November 14, 2023 0

Transpacific rates came under more pressure last week as liner operators began adding capacity. The Shanghai Containerised Freight Index (SCFI) on 10 November showed that...

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Analyst says Maersk rate cutting behind Q3 losses

Container News Team - November 10, 2023 0

Analysis by Hong Kong-based Linerlytica suggests that the sudden and deep decline in container freight rates in the third quarter was initiated by Maersk...

Rates & Surcharges

Hapag-Lloyd applies PSS in Senegal, Tanzania and DR Congo

Container News Team - November 9, 2023 0

Hapag-Lloyd has announced a new Peak Season Surcharge (PSS) from all origins into the ports of Dakar in Senegal, Dar es Salaam in Tanzania...

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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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