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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Long-term freight rates for Australia and New Zealand imports hit record levels

Antonis Karamalegkos - July 22, 2022 0

The average of all long-term freight rates in Australia and New Zealand imports reached new highs in July, according to this week's update of...

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Major box carriers to raise peak-season levy for India-US trades

Container News Team - July 20, 2022 0

After a brief gap that has seen some signs of freight rate softening and corrections, container lines actively operating on India-US trades are looking...

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Downward pressure on rates: demand or supply driven?

Container News Team - July 6, 2022 0

Given the recent decline in spot rates (below what could be explained by normal seasonality), maritime data analysis company Sea-Intelligence sought to answer a...

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ONE implements weight discrepancy surcharge in Asia-Europe trade

Container News Team - June 24, 2022 0

Ocean Network Express (ONE) has announced the imposition of a new penalty fee in case of incorrect declaration of cargo details at the time...

Rates & Surcharges

“Continued spot rates decrease seen as positive measure to curb inflation,” reports Shifl

Container News Team - June 23, 2022 0

The consumer demand for retail has been steadily declining in recent months due to rising prices despite the increase in commodity prices, according to...

News

Freight rates drop for Indian shippers, but fresh hikes loom amid schedule disruptions

Container News Team - June 23, 2022 0

Average container freight rates for trades out of India have significantly tapered off this month, versus the levels maintained by major carriers in May,...

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Indian exporters see fresh GRI notices after brief market stability signals

Container News Team - June 14, 2022 0

After a brief period of calm that has seen some sort of freight rate stability, container carriers have begun to hit the Indian market...

Decarbonisation Campaign

Shippers fear higher freight costs due to carbon tax

Container News Team - June 7, 2022 0

Fear prevails in the Global Shippers Forum (GSF), the global business organisation which represents cargo owners exporting and importing to international supply chains. The reason...

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Shifl sees possible further reduction in freight rates

Container News Team - June 6, 2022 0

Freight rates, and especially the spot market ones, have fallen sharply since the beginning of the year, driven by declining consumer demand in the...

Rates & Surcharges

MSC applies rate increase from Italian ports to America

Container News Team - June 3, 2022 0

The Italian/Swiss box carrier Mediterranean Shipping Company (MSC) has announced new increases in freight rates from Italian ports to the ports of New York,...

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Shipping agents threaten to stop carrying cargoes to and from Sri Lanka

Container News Team - June 2, 2022 0

Shipping agents in Sri Lanka have warned that shipping lines could stop accepting import and export cargo to and from Sri Lanka as they...

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Rates & Surcharges

Capacity overload expected to send spot rates crashing

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

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