The largest container shipping line in the world Mediterranean Shipping Company (MSC) has announced increases in its freight prices from Italy to the United...

Port News

Surplus capacity fuells dynamic port pricing on Indian East Coast

Container News Team - April 14, 2022 0

With increasing capacity utilisation pressure and sensing an opportunity to capture more ad-hoc calls because of vessel diversions in the region, Indian east coast...

Rates & Surcharges

ZIM to push up rates in North Europe

Container News Team - April 13, 2022 0

Haifa-headquartered container shipping company ZIM will implement new rate increases in North Europe that will be effective from late April. Firstly, the Israeli box line...

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Decline in China/US spot freight rates continues

Container News Team - April 6, 2022 0

Transpacific container spot rates between China and the US West Coast and US East Coast have been on a steady decline since peaking in...

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Hapag-Lloyd announces changes on Mediterranean – US coverage

Container News Team - April 4, 2022 0

Hapag-Lloyd has revised its service portfolio between the Mediterranean and the United States in an effort to increase consistency and reduce transit times. Firstly, the...

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Xeneta reports 100% increase in long-term container freight prices

Container News Team - April 1, 2022 0

Long-term contracted ocean freight rates climbed by 7% in March, pushing shipping prices up 96.7% year-on-year, according to a report from the ocean and...

Port News

Chinese ports exceed 43 million TEU in first two months of 2022

Container News Team - March 23, 2022 0

The container throughput of Chinese ports reached 43.6 million TEU during the first two months of the year, which translates to a 2.9% increase...

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MSC to push up European rates

Container News Team - March 9, 2022 0

Mediterranean Shipping Company (MSC) has announced the introduction of new Freight All Kinds (FAK) rate increases that will be implemented from and to European...

Rates & Surcharges

CMA CGM implements new surcharges in Latin America

Container News Team - March 1, 2022 0

The French liner operator CMA CGM will apply new Peak Season Surcharges (PSS) in boxes that will be destined in Latin American ports, with...

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Improvement in box rates, transit times and gate-out times in US ports, says Shifl’s report

Container News Team - February 25, 2022 0

Container spot rates between Chinese base ports and the US West and East Coast are seeing a steady decline since they peaked in January...

News

India-USEC connection readjusts port calls to maintain weekly rotation

Container News Team - February 16, 2022 0

Indian shippers, already roiled by ocean capacity shortages and soaring freight rate levels, are bracing for a prolonged schedule disruption on their most-sought after...

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PIL announces US$30,000/box penalty for cargo weight misdeclaration

Antonis Karamalegkos - February 16, 2022 0

Pacific International Lines (PIL) will impose a fine of US$30,000 per container for any misdeclaration of the cargo weight, a charge that is already...

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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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