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Rates & Surcharges

Container lines hold onto India-US trade GRIs despite little success signals

Container lines seem to be firm on going ahead with a mild rate restoration programme for shipments from India to the United States and...

CMA CGM applies new port congestion surcharge in Mersin

CMA CGM has announced a new Port Congestion Surcharge (PCS) from the port of Mersin to several destinations worldwide due to current delays in...

Hapag-Lloyd increases freight rates from Asia to Latin America

Hapag-Lloyd announced a new General Rate Increase (GRI) from Asia to the West Coast of Latin America, Mexico, Caribbean and Central America. The German carrier...

Drewry’s World Container Index knocks January 2020 levels, but will the spring leave the winter far behind?

The Drewry’s World Container Index (WCI) dipped to US$1,791 on 16 March 2023, recording its 50th week of dips over the last year. The rates have...

Hapag-Lloyd increases rates from Middle East to US

Hapag-Lloyd announces a new general rate increase (GRI) / General Rate Adjustment (GRA) from the Middle East to the United States for cargo transported...

Container xChange sees warehouses overflowing and possible rebound in box rates in March

Hamburg-based Container xChange, an online platform for container logistics, has released its container market forecast for March. While most industry participants anticipate a rebound in...

Who fuels the price war?

Danish maritime data analysis firm Sea-Intelligence said that freight rates are primarily determined by changes in vessel utilisation, which in turn means that when...

FBX underperforms as another week bleeds red for ocean freight – An indices comparison perspective

The Freightos Global Container Index (FBX) took a 10% hit in its weekly quote, only the third such instance ever since 2020, to register...

Hapag-Lloyd increases rates from Middle East to US

Hapag-Lloyd has announced updated container rates from the Middle East to North America and, in particular, from India, Pakistan, United Arabic Emirates, Bahrain, Oman,...

Spot rates for Shanghai container exports fall on all routes

Freight rates for container exports from China continued to decline in the eight week of the year despite transportation capacity adjustments. According to the Shanghai...

CMA CGM announces updated rates from Indian Subcontinent, Middle East Gulf, Red Sea and Egypt to USEC and US Gulf

French ocean carrier CMA CGM has announced updated freight rates from India, Pakistan, Sri Lanka, Middle East Gulf, the Red Sea and Egypt to...

CN analysis: Freight rates on India trades continue to cool amid demand challenges

The ongoing rate slide on Indian container trades is showing no sign of a reversal, according to the latest market analysis by Container News. On...

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Imabari Shipbuilding delivers new ship

On July 1st, Imabari Shipbuilding marked another step forward in sustainable shipping, delivering a new vessel named ANGELITE ACE. Built by Tadotsu Shipyard Co., Ltd.,...

Temporary truce in the trade war

Maritime transport accounts for over 90% of global trade. Shipping is closely tied to the global geopolitical situation, which is currently driven in large...

Deltamarin works with Maersk, class societies on ammonia-powered boxship design

Finnish ship designer Deltamarin, a subsidiary of Chinese shipbuilder AVIC Weihai, has designed a 3,500 TEU ammonia-powered ship. Deltamarin teamed with Maersk Line, Maersk Mc-Kinney Moller...
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