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Drewry’s WCI retraces 90% of pre-pandemic gains as China-Europe spot prices tumble

The Drewry’s World Container Index (WCI) saw yet another week of fall, by 7% to US$2,404, primarily on the back of tumbling rates in...

CMA CGM applies revised PSS from Turkey to US East Coast & Gulf

Marseille-headquartered container line CMA CGM has decided to revise its peak season surcharge (PSS) from Turkey to the United States East Coast & US...

CMA CGM revises peak season surcharge from Europe to US East Coast

French ocean carrier CMA CGM has decided to revise its peak season surcharge from Europe to the United States East Coast. In particular, from 22...

Νew IMO regulations to support container freight market recovery

The limited increase in ship supply driven by the new International Maritime Organization (IMO) regulations is expected to contribute to the recovery of the...

Two-year low for Drewry’s World Container Index

Drewry’s World Container Index (WCI) took a 9% beating this week to end at US$2,773, which is the lowest-ever figure over the past 24...

Is it time for container spot rates to arrest their fall?

It has been a norm for the Global Container Spot Rate Indices to have weekly falls in rates, one after the other, ever since...

CMA CGM implements new peak season surcharge from Canada East Coast to Africa

The Marseille-based container shipping company CMA CGM has announced a new peak season surcharge (PSS) from Canada to three countries in Africa. In particular, the...

Port Houston to apply new container import dwell fee from December

The Port Commission of the Port of Houston Authority authorised amendments to Tariffs Nos. 14 and 15 covering two box terminals, Barbours Cut Terminal and...

Drewry’s WCI registers 35th consecutive fall, loses 80% of the pandemic gains

The Drewry’s World Container Index took a 7% tumble to quote at US$3,145. The Index which has lost 67% annually and 70% since its...

Sea-Intelligence points to main freight rate inflation drivers

Shipping data analysis firm Sea-Intelligence reported that it is clear the underlying costs for operating liner services have increased significantly, compared to the past...

Decline in spot freight rates accelerates, reports Shifl

SHIFEX, a container spot freight rate index, shows that freight rates for 40’ containers moving from China to the port of Los Angeles fell...

CN analysis: Freight rates on Indian trades continue to trend down amid falling demand

Container lines operating to/from India continue to see the pressure on freight rates build up as volumes trend down, according to the latest market...

Latest Posts

Bilbao Port Authority launches new train planning and tracking service

The Bilbao Port Authority has introduced a new telematic service within its e-puertobilbao platform, specifically designed to enhance train operations at the Port of...

Tariff deadline delay creates more market uncertainty

Continued uncertainty over the enforcement of US tariffs has unsettled the markets again as the Trump administration delays import duties until 1 August but...

How Cape of Good Hope rerouting is skyrocketing container loss risk

The 2024 data from the World Shipping Council and South African Maritime Safety Authority underscores a specific and growing operational risk for global shipping:...

Folk Maritime expands South Red Sea service

Folk Maritime Services Company has announced the enhancement of its South Red Sea Service, introducing a revised rotation aimed at boosting regional trade connectivity. The...

Emirates SkyCargo launches specialized solution for aircraft engine transport

Emirates SkyCargo has unveiled a new specialized product, designed specifically for the secure and efficient transport of one of aviation’s most critical and high-value...
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