The composite Shanghai Containerized Freight Index (SCFI) closed at 1,012.6 points in Week 43, surging 10.3% from the previous week and remaining on an...

Rates & Surcharges

CCFI down for six weeks running, SCFI increases

Container News Team - October 31, 2023 0

The composite China Containerized Freight Index (CCFI) stood at 811.5 points in Week 43, which fell 0.7% from the previous week and has kept...

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Hapag-Lloyd increases rates from North Europe

Container News Team - October 31, 2023 0

Hapag Lloyd increased its ocean tariff rates from North Europe to India, Pakistan, Red Sea, and the Arabian Gulf. This update will apply for all...

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FAK rate hike fuels jump in long-haul freight rates

Container News Team - October 31, 2023 0

Long-haul freight rates pushed up for the second straight week ahead of the 1 November hike in freight-all-kinds (FAK) rates, supported by capacity withdrawals. The Shanghai Containerised...

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CN analysis: Freight rate slide on trades out of India continues amid persistent demand pressure

Container News Team - October 30, 2023 0

Container freight rates across trades out of India have seen no noticeable recovery signs for carriers in October, according to the latest market analysis...

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CMA CGM increases rates on Transatlantic trade

Container News Team - October 30, 2023 0

Due to the "unsustainable rate levels" reached on the Transatlantic trade, French ocean carrier CMA CGM announced adjustments on its rates, effective from November...

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CMA CGM announces overweight surcharge from Middle East Gulf to Europe and Mediterrannean

Ioanna Kontos - October 30, 2023 0

CMA CGM announced it will implement a new overweight surcharge from the Middle East Gulf to North Europe, Scandinavia, Poland, the Baltic, the West...

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Hapag-Lloyd increases rates in Jebel Ali

Ioanna Kontos - October 29, 2023 0

Hapag-Lloyd has announced increased ocean tariff rates from the port of Jebel Ali in UAE to North and South Europe and North Africa. This price...

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CMA CGM applies new rates in Jebel Ali

Ioanna Kontos - October 24, 2023 0

Marseille-based container line CMA CGM will apply new Freight All Kinds (FAK) rates from Jebel Ali to all North European, Mediterranean & North African...

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CMA CGM applies low water surcharge in Brazilian port

Container News Team - October 24, 2023 0

French ocean carrier CMA CGM has revised the low water surcharge (LWS) in Manaus, Brazil, as the navigability conditions on the Amazon River are...

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Freight rates up on long-haul lanes as capacity withdrawn

Container News Team - October 24, 2023 0

Sentiment for rates on long-haul routes has turned positive for the first time since August. Vessel utilisation has been beyond expectations and Maersk has...

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Suez Canal fees set to rise

Container News Team - October 24, 2023 0

Fees for transiting the Suez Canal are set to rise by 15% for most vessel types from the 15 January 2024 with some exemptions...

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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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