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Rates & Surcharges

Red Sea-Suez crisis quadruples Asia-Europe & Med rates

About 90% of all the containerized fleet that would have ideally taken the Suez Canal have now re-routed via the Cape of Good Hope....

Hapag-Lloyd increases rates from India to Latin America

German box line Hapag-Lloyd has announced a new general rate increase (GRI) from India to West Coast Latin America, Central America, Caribbean and Mexico. The...

Hapag-Lloyd increases rates from Indian Sub and Middle East to North America

Hapag-Lloyd announced a General Rate Increase (GRI) / General Rate Adjustment (GRA) for cargo transported in 20' and 40' dry, reefer and special containers,...

CMA CGM applies new peak season surcharges from Far East Asia to West Africa Central

CMA CGM has announced a new Peak Season Surcharge (PSS) that will be in effect from today (10 January) until further notice. The surcharge of...

Maersk announces new peak season surcharges worldwide

Maersk has unveiled new peak season surcharges worldwide, which are going to take effect in January and February. The Danish ocean carrier is introducing a...

India-US shippers hit by three rounds of hefty rate hikes in January

Indian shippers are getting flooded with general rate increase (GRI) and peak season surcharge (PSS) notices as container lines attempt to maximise pricing out...

CMA CGM announces new FAK rates from Asia to Med and North Europe

The French carrier, CMA CGM implemented new Freight All Kinds (FAK) rates as follows from 15 January 2024 (date of loading in the origin ports)...

Charter rates for large boxships jump in response to Red Sea diversions

In response to the shortage of ships resulting from Red Sea diversions, tonnage providers have jacked up charter rates, particularly for larger vessels that...

EU ETS boost from Red Sea conflict

Carbon trading in the maritime sector was launched on 1 January, but the effects of the EU Emissions Trading System (EU ETS) have been...

CMA CGM implements PSS from Asia to North Europe and Mauritius

The French carrier announced the following Peak Season Surcharge (PSS) from all Asian main ports to North Europe including Scandinavia, Baltic States and Poland...

CMA CGM introduces new PSS from Middle East Gulf

CMA CGM introduces a new Peak Season Surcharge (PSS) for shipments from the Middle East Gulf to North Europe (including Scandinavia, Baltic States, and...

ZIM increases rates from Med and Black Sea to USEC, Gulf, Canada and Mexico

ZIM announced new increased rates from the West Mediterranean ports to all ports in the United States East Coast, Gulf, Canada and Mexico. The new...

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Maersk-operated ship knocks down Baltimore bridge

The Singapore-flagged container vessel Dali, which is chartered by the Danish shipping giant Maersk, crushed into a road bridge in Baltimore, US. The Francis Scott...

Carriers playing catch-up to further tilt supply-demand imbalance

Ocean Network Express (ONE) announced an aggressive midterm plan on 19 March to grow its operated fleet to 3 million TEUs by 2030, representing...

CMA CGM updates rates from Asia to North Europe

CMA CGM has announced new Freight All Kinds (FAK) rates effective from 1 April 2024 (loading date) until further notice. These updated FAK rates are...

CMA CGM teams up with new Saudi line to enhance Red Sea service

French ocean carrier CMA CGM is partnering with Folk Maritime, a new independent feeder and short-sea shipping operator in Saudi Arabia, to commence the...

Maersk relaunches Transpacific service

Maersk aims to improve its Asia - US East Coast service network by restarting the TP20 service. As of mid-April, the Danish shipping company will...