Freight Investor Services' head of air and containers Peter Stallion said in a Baltic Exchange commentary that heading into July, the outlook for container...

Rates & Surcharges

CMA CGM revises congestion surcharge in Algerian ports

Ioanna Kontos - July 7, 2023 0

CMA CGM has announced revised port congestion surcharges (PCS) in Algeria's ports of Oran and Alger due to continuing delays in between congestion/waiting time...

Rates & Surcharges

Transatlantic rates tumble even as transpacific rates rumble with WCI officially below all post-pandemic quotes

Container News Team - July 6, 2023 0

A 25% tumble in the transatlantic rates, Rotterdam to New York at US$2,003, awarded the Drewry World Container Index with its lowest ever level...

Rates & Surcharges

CMA CGM revises port congestion surcharges in Turkish port

Ioanna Kontos - July 6, 2023 0

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

Rates & Surcharges

CMA CGM sets increased FAK rates from Asia to North Africa and Med

Ioanna Kontos - July 6, 2023 0

CMA CGM has announced several rate increases from Asia to North Africa and the Mediterranean that will be effective from 1 August 2023. The French...

Rates & Surcharges

SCFI rises for first time in four weeks

Container News Team - July 5, 2023 0

Shanghai Shipping Exchange (SSE) reported that the composite Shanghai Containerized Freight Index (SCFI) closed at 953.6 points in Week 26. More specifically, rising 3.2% from...

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Maersk, CMA CGM increase FAK rates from Asia

Container News Team - July 4, 2023 0

Maersk and CMA CGM have decided to increase their FAK (Freight All Kinds) rates from Asia to several destinations worldwide. Marseille-based CMA CGM announced an...

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Maersk increases rates from Far East to North Europe

Container News Team - July 3, 2023 0

Maersk has announced it will increase Freight All Kind (FAK) rates from the Far East to North Europe, starting on 31 July 2023. The updated...

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CMA CGM implements new surcharge due to Cape Town port congestion

Ioanna Kontos - July 3, 2023 0

Considering the current congestion in Cape Town, the capital city of South Africa, CMA CGM has decided to apply a new port congestion surcharge...

Rates & Surcharges

Hapag Lloyd increases rates from Middle East / Indian Subcontinent to US East Coast

Container News Team - June 30, 2023 0

Hapag Lloyd will apply a new General Rate Increase (GRI) / General Rate Adjustment (GRA) from the Middle East / Indian Subcontinent to the...

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CMA CGM revises peak season surcharge from Indian Subcontinent to US East Coast

Ioanna Kontos - June 30, 2023 0

French ocean carrier CMA CGM decided to revise the Peak Season Surcharge (PSS) from the Indian Subcontinent to the US East Coast in July. The...

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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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