After MSC's decision to revise overweight surcharges for Indian export containers, CMA CGM has also announced a new surcharge of the same kind. Effective today...

News

Vessel utilisation remains low, reports Sea-Intelligence

Antonis Karamalegkos - October 21, 2022 0

Danish shipping data analysis company Sea-Intelligence reports that global demand continues to decline, and whether we calculate the growth in TEU*Miles or as an...

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MSC revises overweight surcharges for Indian export cargo

Container News Team - October 17, 2022 0

Mediterranean Shipping Co. (MSC) has announced a new scale of overweight surcharges for Indian containers moving to Canada, Mexico, Central America and the Caribbean. The...

Rates & Surcharges

CMA CGM applies new overweight surcharge on Asia and India East Coast to Nigeria trade

Container News Team - October 17, 2022 0

French container carrier CMA CGM will implement a new overweight surcharge (OWS) concerning dry cargo from Asia and Indian east coast ports to the...

Rates & Surcharges

Box rates slip further on indices for 33rd consecutive week

Container News Team - October 14, 2022 0

The streak of red for ocean freight continues, with both the Drewry's World Container Index (WCI) and the Shanghai Containerized Freight Index (SCFI), losing...

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Upcoming renegotiations of Asia-Europe contract rates to signal freight rates trends, said HSBC

Antonis Karamalegkos - October 13, 2022 0

British multinational banking and financial services organisation, HSBC brings forward its trough scenario for container shipping. HSBC lowered its demand estimations for 2023 and...

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Global supply chain pressures ease as spot rates and indices dip

Container News Team - October 11, 2022 0

The Global Supply Chain Pressure Index (GSCPI) reported a level of 1.05, for September 2022, which is a mere quarter of the peak reported...

Rates & Surcharges

Drewry’s WCI loses three-fourth of pandemic gains despite record high US-Europe rates

Container News Team - October 6, 2022 0

The losses for the Drewry's World Container Index (WCI) keep stretching. The Index lost 8% to end at US$3,688.75 for the week, extending its...

Rates & Surcharges

CMA CGM announces new PSS from North Europe to Central America & Caribbean

Container News Team - October 6, 2022 0

CMA CGM has announced new peak season surcharges (PSS) from North Europe to Central America and the Caribbean that will be effective in November. The...

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Indian exporters face new tax burden as freight rates moderate

Container News Team - October 4, 2022 0

Indian exporters – now relieved to see some moderation in sky-high freight rate levels amid slowing volumes – have a new cost burden to...

Rates & Surcharges

CMA CGM implements new reefer surcharge from USEC and Gulf to West Africa

Container News Team - October 3, 2022 0

French ocean carrier CMA CGM has announced a new peak season surcharge (PSS) from the United States East Coast (USEC) and Gulf to West...

Rates & Surcharges

CN analysis: India container freight rates continue to slide amid weakening demand

Container News Team - September 30, 2022 0

Container freight rates on trades out of India continue to taper off amid falling demand, according to a new market analysis by Container News. On...

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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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