The trend of container freight rates stabilising or softening on larger trade routes out of India that became somewhat evident in April has continued...

Rates & Surcharges

San Pedro Bay ports likely to implement container dwell fee soon, warns Maersk

Antonis Karamalegkos - May 26, 2022 0

Maersk believes that the Biden Administration is likely to proceed with the implementation of the "Container Dwell Fee" on all long-dwelling cargo at Los...

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Booking cancellation charges hit Indian shippers as rate levels stabilise

Container News Team - May 23, 2022 0

Container lines covering Indian trades have begun to penalise customers, and more severely spot customers, for failing to fulfill their bookings as committed. These charges...

Rates & Surcharges

Drewry expects spot rates to remain stable in the near future

Container News Team - May 12, 2022 0

Drewry’s composite World Container Index decreased by 0.9% to US$7,657.20 per 40ft container the week of 12 May 2022, compared with the previous week's...

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CMA CGM implements hazardous surcharge of US$2,800/box in Chile

Container News Team - May 11, 2022 0

Marseille-based ocean carrier CMA CGM has announced a new hazardous surcharge, which is effective from 10 May (loading date). The French box line said the...

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Sharp drop in transit times and US spot rates, reports Shifl

Container News Team - May 10, 2022 0

The US GDP fell by 1.4% in the first quarter of 2022, which does not leave unconcerned the economists and the analysts. Vibrations were making...

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Australia’s shipping bodies stress “unreasonable container fees”

Antonis Karamalegkos - May 4, 2022 0

Freight & Trade Alliance (FTA) and the Australian Peak Shippers Association (APSA) have announced they have received extensive examples from members highlighting the "unreasonable...

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India on the front foot amidst global shipping disruption but dip in freight rates “temporary”

Container News Team - May 2, 2022 0

April ended with a cheer among the Indian shippers as prices of shipping containers across major ports of Nhava Sheva (Mumbai), Chennai and Mundra...

Rates & Surcharges

Xeneta CEO, Berglund: “It’s a position of power the carriers have no desire of relinquishing”

Container News Team - April 29, 2022 0

April saw the third consecutive monthly climb in long-term contracted ocean freight rates, with shipping costs rocketing by 11.1% globally to stand 109.9% up...

Rates & Surcharges

Freight rate analysis for Indian shippers reflects easing signs on some trades

Container News Team - April 29, 2022 0

An analysis of container freight rates on trades out of India in recent weeks suggests a market correction on the horizon, at least on...

Rates & Surcharges

CMA CGM applies overweight surcharge on China to Nigeria trade

Container News Team - April 22, 2022 0

French carrier CMA CGM has announced that an overweight surcharge (OWS) is effective from 19 April 2022 (loading date) from China to Nigeria. In particular,...

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Rates & Surcharges

Maersk to adjust peak season surcharge on Far East Asia–Mediterranean

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

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