SHIFEX, a container spot freight rate index, recorded the lowest freight rate in 24 months between Shanghai, China and Los Angeles, US. The index shows...

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Yang Ming chairman: Market correction is “temporary”

Container News Team - September 14, 2022 0

Yang Ming Marine Transport chairman Cheng Cheng-mount has asserted that the ongoing correction in container freight rates is just a blip and the market...

Rates & Surcharges

CMA CGM applies new overweight surcharge from Asia to North Europe

Container News Team - September 13, 2022 0

CMA CGM will implement a new overweight surcharge from North East Asia, South East Asia, China, Hong Kong & Macau SAR to North Europe,...

Rates & Surcharges

MSC raises box rates from Antwerp

Container News Team - September 2, 2022 0

Swiss/Italian container shipping company Mediterranean Shipping Company (MSC) has announced a rate increase from the port of Antwerp in Belgium to the ports of...

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CN analysis: Slowing exports send freight rates on major trades out of India further downwards

Container News Team - August 30, 2022 0

With export volumes moderating, average container freight rates across major trade lanes out of India have seen measurable downward revisions this month, from the...

Rates & Surcharges

New low in US container freight rates set to ease inflation, reports Shifl

Container News Team - August 22, 2022 0

SHIFEX, the spot container rate index by the digital freight forwarding platform Shifl, has positive news for US consumers as it shows a continued...

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Carriers drop India rate increase notices as export growth loses steam

Container News Team - August 19, 2022 0

Raising the prospect of market corrections, Mediterranean Shipping Co. (MSC) has recalled its trade advisories seeking new rate increases on India-US routes, ostensibly because of...

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Low vessel utilisation to fuel rate decline: Sea-Intelligence

Antonis Karamalegkos - August 18, 2022 0

The maritime data analysts of Sea-Intelligence looked at the development of nominal vessel utilization, which they described as "a key parameter in gauging the...

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Demand pressure cuts into carriers’ rate push on Indian trades

Container News Team - August 11, 2022 0

Container carriers serving Indian trades appear somewhat wary about their ability to realize full recovery of new rate increases of a significant level amid...

Rates & Surcharges

CMA CGM to levy surcharges for overweight India-US shipments

Container News Team - July 29, 2022 0

French container line CMA CGM has implemented a hefty surcharge on overweight containerised shipments moving from India to the US and Canada. 20-foot standard containers...

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CN freight rate analysis for Indian trades reflects easing trends

Container News Team - July 27, 2022 0

With the exception of intra-Asia trades, average container freight rates for all key trades out of India have either softened or seen no changes...

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Shifl’s predictions show dramatic retreat in spot rates

Container News Team - July 25, 2022 0

According to early indications from SHIFEX, the freight rate index by the digital freight forwarding platform Shifl, box prices on the main Trans-Pacific trade...

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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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