Mediterranean Shipping Co. (MSC) has cancelled rate increase activity that was to have begun on 15 August on the India-US trade lane. The previously-published trade...

Rates & Surcharges

Hapag Lloyd increases rates from UAE to North Europe, West Med and North Africa

Container News Team - August 10, 2023 0

Hapag Lloyd has announced increased ocean tariff rates from the United Arab Emirates (Jebel Ali and Abu Dhabi) to North Europe (Germany, Netherlands, United...

Industry Opinions

Spot rates rally on key Far East trade lanes after latest GRI moves: Xeneta

Ioanna Kontos - August 10, 2023 0

Spot rates for containerised ocean freight have climbed across three leading Far East export corridors after the latest round of General Rate Increases (GRIs)...

Rates & Surcharges

SCFI rises for second consecutive week as North America rates increase

Ioanna Kontos - August 9, 2023 0

According to the Shanghai Shipping Exchange (SSE), the Shanghai Containerized Freight Index (SCFI) increased 1% from the previous week to 1,039.32 points, continuing a...

Rates & Surcharges

CMA CGM revises congestion surcharge in Mersin from and to North Europe

Ioanna Kontos - August 9, 2023 0

As operational challenges continue at the port of Mersin, CMA CGM has decided to revise the port congestion surcharge (PCS) at the Turkish port. The...

Rates & Surcharges

Hapag Lloyd implements new peak season surcharge from East Asia to North America

Ioanna Kontos - August 9, 2023 0

Hapag Lloyd has announced a new Peak Season Surcharge (PSS) from East Asia, namely Japan, Republic of Korea, Taiwan (PRC), Hong Kong (PRC), China...

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CMA CGM announces new rates from Middle East Gulf to North Europe and Med

Ioanna Kontos - August 7, 2023 0

CMA CGM will apply new Freight All Kinds (FAK) rates from Middle East Gulf ports to all North European, West Mediterranean and North African...

Rates & Surcharges

Transpacific splashes green as world container index registers highest weekly gain since December 2020

Ioanna Kontos - August 7, 2023 0

The World Container Index by Drewry put up its best-ever show since December 2020 to end at US$1,761, registering an 11.7% gain, as head-haul...

Most Popular

Maersk increases rates from Asia to North America

Ioanna Kontos - August 5, 2023 0

Maersk has announced a rate increase from Pakistan, the Middle East, and the Indian subcontinent to North America, namely the United States and Canada. In...

Most Popular

Carriers attempt PSS for India-US cargo after modest GRI success

Ioanna Kontos - August 4, 2023 0

Container lines appear to have regained some bargaining power to lift freight rates on the India-US trade lane after managing partial recovery from recent...

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Hapag Lloyd increases rates from Asia to US East Coast

Container News Team - August 2, 2023 0

Hapag Lloyd has announced a new General Rate Increase (GRI) / General Rate Adjustment (GRA) from India, Sri Lanka, Pakistan and Bangladesh to the...

Industry Opinions

Long-term ocean freight rates hit two-year low just as record new levels of ships enter market and overcapacity adds further pressure: Xeneta

Ioanna Kontos - August 1, 2023 0

Global long-term shipping rates sank to a two-year low in July, with the latest data from Xeneta's Shipping Index (XSI®) showing a fall of...

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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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