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Rates & Surcharges

CN analysis: Container freight rate slide on larger Indian trades slows amid contract negotiations

The slide in container freight rates on some of the trades routes out of India seems to have slowed, according to the latest market...

CMA CGM announces overweight surcharge update from Asia and India East Coast to Nigeria

CMA CGM announced an updated Overweight Surcharge (OWS) from Asia and India East Coast to Nigeria that will take effect on 28 April. The French...

Drewry’s World Container Index snaps losing streak as Transpacific spot prices shoot up

The Drewry's World Container Index (WCI) snapped its losing streak, registering a 3.8% weekly uptick for the index on the back of strong price...

CMA CGM implements new hazardous surcharge from Asia to North Europe

CMA CGM has announced it will apply a new surcharge for the transportation of hazardous cargo from Asia ports to North European destinations. In particular,...

SCFI logs largest weekly gain in 23 months to settle back at fourth digits

The Shanghai Shipping Exchange powered Shanghai Containerized Freight Exchange (SCFI) logging its biggest weekly gain in percentage terms (about 7.95%) since May-2021 to pass...

Subdued but strong March for Drewry’s container index as forecasts boom despite specific looms

The Drewry's World Container Index (WCI) ended just about 0.5% lower for the week at US$1,710, still looming below the Christmas-2019 mark, though not...

CMA CGM revises Panama Canal surcharge from Asia to American destinations

French ocean carrier CMA CGM announced a revision of the Panama Canal Surcharge, which is implemented from Northeast Asia and China to East Coast Central...

Mild uptick in SCFI in six months

Market sentiment turned positive for the first time since September 2022, as the Shanghai Containerized Freight Index (SCFI) recovered mildly in the week ended...

Hapag-Lloyd implements new rate increase from East Asia to North America

Hapag-Lloyd announced a general rate increase (GRI) from East Asia to North America for cargo transported in dry, reefer and special containers, including high...

CMA CGM adds Indian Subcontinent to congestion surcharge destinations from Mersin

CMA CGM has announced a port congestion surcharge from Mersin, Turkey to the Indian Subcontinent due to current delays in the Turkish port. After CMA...

CMA CGM applies new overweight surcharge from Saudi Arabia to North Africa and Morocco

CMA CGM announced an overweight surcharge (OWS) from the port of Jeddah in Saudi Arabia to North Africa and Morocco. The surcharge of US$100 /...

CN analysis: Freight rates for Indian exports continue to cool ahead of carriers’ GRI attempts for US services

Container carriers serving Indian trades are seeing no letup in the erosion of export freight rates amid a slowdown in cargo volumes, according to...

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Heidmar enters container shipping

Heidmar Maritime Holdings Corp. (NASDAQ: HMR) has taken a major step in expanding its platform beyond its traditional tanker and dry bulk roots, announcing...

NX Logistics Thailand opens new logistics center

NX Logistics Thailand, a subsidiary of Nippon Express Holdings, Inc., launched its new Eastern Seaboard Logistics Center, in Thailand’s Rayong Province, at the heart of...

Anemoi launches Rotor Sail Production Hub in China

Anemoi Marine Technologies has officially opened a state-of-the-art Rotor Sail production facility in Jingjiang City, China, a move that significantly boosts the company’s global...

AGCT welcomes largest vessel to call Rijeka

Adriatic Gate Container Terminal (AGCT), operated by International Container Terminal Services, Inc. (ICTSI), has handled the largest vessel ever to call the Port of...

Descartes Systems Group announced the launch of a security system

Descartes has announced the launch of Descartes MacroPoint FraudGuard 2.0 an advanced solution aimed at combating increasingly complex freight fraud and cargo theft schemes. This...
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