The nosediving of spot rates continues, as Drewry's World Container Index revised its own record of the largest weekly fall in recent times. A 10.25%...

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CMA CGM applies new peak season surcharges from US

Container News Team - September 29, 2022 0

French ocean carrier CMA CGM has announced fresh peak season surcharges (PSS), effective from 1 October until 31 December, from the United States to...

Rates & Surcharges

Indian rail freight peak-season levy set to come back from next month

Container News Team - September 28, 2022 0

Indian hinterland exporters and importers, now considerably relieved of the pressure of soaring carrier rate hikes, have a new inland cost burden approaching. Indian Railways...

Rates & Surcharges

Sea-Intelligence reports imminent downwards pressure on Transatlantic rates

Container News Team - September 28, 2022 0

Sea-Intelligence has reported that while freight rates continue to tumble on Transpacific and Asia-Europe, they are holding firm on Transatlantic Westbound. The primary question, according...

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World Container Index sinks to January 2021 levels, at 21-month low

Container News Team - September 26, 2022 0

Spot rates on Drewry's are no longer dreary. The World Container Index (WCI) took a near 10% tumble, the first in 29 months, as...

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CMA CGM to implement new US$400 PSS for reefer boxes from Europe

Container News Team - September 26, 2022 0

French ocean carrier CMA CGM has announced a new peak season surcharge (PSS) for reefer cargo, effective from 23 October until further notice. The Marseille-headquartered...

Rates & Surcharges

Intra-Asia rates out of India crash amid tightening market conditions

Container News Team - September 23, 2022 0

While container freight rates across trades out of India have cooled over the past few months, new data obtained by Container News from local...

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Freight fall corners operators with costly charters

Container News Team - September 21, 2022 0

Crumbling container freight rates have taken their toll on the newer and smaller players in the liner shipping industry, as their current earnings are...

News

Bangladeshi freight forwarders hike charges by 57% owing to fuel price hike

Container News Team - September 20, 2022 0

Owing to the recent record price hike of fuel oil in the local market, Bangladeshi freight forwarders have enhanced forwarding charges by 57% for...

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Suez Canal Authority to apply increased transit tolls next year

Antonis Karamalegkos - September 19, 2022 0

The Suez Canal Authority (SCA) will increase the transit tolls for all types of vessels by 15% during the next year and by 10%...

News

Drewry’s World Container Index dips below US$5,000

Container News Team - September 15, 2022 0

The Drewry's World Container Index (WCI) effectively dipped for the 200th day to end below US$5,000 at US$4.942, just a percent away from 4,900...

Rates & Surcharges

Transatlantic lane displaces Asia-US West Coast as most profitable route

Container News Team - September 15, 2022 0

The Asia-US West Coast route is no longer the most lucrative, according to Alphaliner, as rates have fallen below US$3,500/FEU. The Transatlantic has become 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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