Transpacific rates rose to a nine-month high when the Shanghai Containerized Freight Index (SCFI) closed on 28 July, as general rate increases (GRIs) on...

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CMA CGM increases FAK rates from Asia to North Europe

Ioanna Kontos - August 1, 2023 0

CMA CGM has announced an increase in Freight All Kinds (FAK) rates from all Asian ports (including Japan, Southeast Asia and Bangladesh) to all...

Rates & Surcharges

CMA CGM implements port congestion surcharge for reefer cargo in Cameroon

Ioanna Kontos - August 1, 2023 0

CMA CGM will apply a port congestion surcharge (PCS) of US$600 per reefer container that is sailing to the port of Douala in Cameroon. This...

Rates & Surcharges

CMA CGM revises overweight surcharge from Asia to East Africa

Container News Team - August 1, 2023 0

CMA CGM has announced changes on overweight surcharge (OWS) from North East Asia, South East Asia, Mainland China, Hong Kong SAR & Macau SAR,...

Carriers see rate gains on India-US trades, but slide continues on other trades

Container News Team - July 31, 2023 0

With the exception of trades to the United States, container carriers operating out of India have continued to face further significant freight rate declines...

Rates & Surcharges

Transpacific drive latches on to US$100 recovery in composite rates

Container News Team - July 28, 2023 0

A string of General Rate Increases (GRIs) for Freight All Kinds (FAK) rates, the added effect of the Canadian port strikes and the cutting...

Rates & Surcharges

HMM announces new GRI from North India to East Coast of South America

Container News Team - July 25, 2023 0

Seoul-based ocean carrier HMM has announced a new general rate increase (GRI) for shipments from North India to the East Coast of South America...

Rates & Surcharges

CMA CGM implements new overweight surcharge from Asia to Africa

Container News Team - July 24, 2023 0

CMA CGM has announced a new overweight surcharge (OWS) from Asia to Africa, effective in the next month. More specifically, the Maersille-based company said that...

Rates & Surcharges

CMA CGM introduces container scanning fee in Congo

Container News Team - July 24, 2023 0

French container shipping company CMA CGM has announced a new scanning fee for cargo bound for Congo, effective from 31 July. CMA CGM noted that...

Rates & Surcharges

CMA CGM implements peak season surcharge from Asia to South Africa

Container News Team - July 21, 2023 0

CMA CGM has announced a new peak season surcharge (PSS) from Asia to South Africa that will be effective from 21 August. The French ocean...

Rates & Surcharges

Lowest ever tick on Transatlantic in 12 years, China-US trade rates ride strong to pull WCI above US$1,500

Container News Team - July 21, 2023 0

The Drewry World Container Index (WCI) pulled itself above US$1,500, once again owing to a good showing by the transpacific China-US head haul trade,...

Rates & Surcharges

Carriers on India-Europe trade see no rate slide letup ahead of FAK hike plans

Container News Team - July 19, 2023 0

The market outlook for container carriers operating on India-Europe trades appears to be darkening with no let-up seen in the freight rate erosion. Average rate...

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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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