CMA CGM’s new Asia-Mediterranean service has fallen victim to falling freight rates, after just six sailings. The French carrier has suspended its newly launched Turkey-Libya...

News

CN analysis: Indian export container freight rates recover after a long steak of declines

Ioanna Kontos - August 31, 2023 0

Container freight rates for exports from India have shown some positive signs for carriers, after a long streak of declines, according to the latest...

Rates & Surcharges

CMA CGM applies new PCS in Mersin

Ioanna Kontos - August 30, 2023 0

CMA CGM has announced a new Port Congestion Surcharge (PCS) from the port of Mersin to several destinations worldwide due to current delays in...

Most Popular

WCI incurs first decline in 7 weeks

Container News Team - August 28, 2023 0

The composite World Container Index (WCI) decreased 3.5% from the previous week to US$1,768.33 per FEU in Week 34, the first decline in four...

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CMA CGM implements new surcharge in Turkish port

Ioanna Kontos - August 25, 2023 0

Marseille-based container line CMA CGM will apply new port congestion surcharges (PCS) in the Turkish port of Iskenderun. CMA CGM will introduce a surcharge of...

Rates & Surcharges

CMA CGM applies new FAK rates from Med to US East Coast & US Gulf

Ioanna Kontos - August 25, 2023 0

CMA CGM has announced new Freight All Kinds (FAK) rates from all Mediterranean ports including Malta, France (Fos/Marseille), Italy, Spain (Algeciras, Valencia, Barcelona, Sagunto),...

Industry Opinions

Latest data is ‘a wake-up call’ for shippers, as Xeneta argues now is the time to negotiate long-term rates

Ioanna Kontos - August 24, 2023 0

Xeneta believes long-term ocean freight rates may have started bottoming out after around a year of persistent, often dramatic monthly falls. The Oslo-based benchmarking...

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CMA CGM implements congestion surcharges in Turkish port

Container News Team - August 23, 2023 0

Marseille-based container line CMA CGM will apply new port congestion surcharges (PCS) in the Turkish port of Iskenderun. CMA CGM will introduce a surcharge of...

Most Popular

Freight rates lose gains after three weeks

Container News Team - August 22, 2023 0

Long-haul freight rates have given way to the lack of capacity discipline, as the Shanghai Containerized Freight Index (SCFI) lost ground after three weeks...

Rates & Surcharges

CMA CGM applies new FAK rates from Europe to US East Coast and US Gulf

Container News Team - August 18, 2023 0

French ocean carrier CMA CGM has announced the following updated Freight All Kinds (FAK) rates from all ports in North Europe, including North France,...

Industry Opinions

Amid record-low Transatlantic trade rates, shippers must seize opportunities before market rebounds: Xeneta

Container News Team - August 17, 2023 0

Spot rates on the Transatlantic front haul trade from North Europe to the US East Coast (USEC) are plummeting rapidly. According to Xeneta's platform...

Rates & Surcharges

Hapag-Lloyd increases rates from India’s West Coast to US West Coast

Container News Team - August 17, 2023 0

German ocean carrier Hapag-Lloyd has announced a new general rate increase (GRI) / general rate adjustment (GRA) from India's West Coast ports of Nhava...

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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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