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Rates & Surcharges

Carriers maintain discipline with South Korea-Japan rates

South Korea-Japan container rates, a major revenue source for South Korean feeder operators, have held up relatively well, due to strong discipline among the...

ONE CEO Jeremy Nixon says lines are “keeping the lights on”

Asian inventory levels have declined, including “very low” levels of stored food products which is fuelling the increase in European and US exports to...

CMA CGM announces fresh May surcharges

CMA CGM has announced new peak season surcharges (PSS) that will be applied from 15 May 2020 (date of loading in the origin ports)...

Hapag-Lloyd announced rates increase in several destinations

In light of current market conditions, Hapag-Lloyd has announced an increased ocean tariff rate for all cargoes in 20’ and 40’ (incl. high cube)...

Hapag-Lloyd announces Asia to S. America rates surge

Hapag-Lloyd will increase rates for all cargoes and all container types from East Asia to South America East Coast with effect from 15 May...

Shandong Port Group develops reefer links with Southeast Asia

Shandong Port Group is eyeing more reefer shipping links between Shandong province's largest port, Qingdao, and Southeast Asia, amid growing Chinese demand for Southeast...

Maersk revises North America charges

Maersk has announced an increase in rates from Pakistan, United Arab Emirates (UAE) and the Indian Sub-Continent to the US and Canada, due to...

Taewoong builds tank container business

South Korean freight forwarder Taewoong Logistics is eyeing a share of the tank container market amid growing shipments in this segment. In April 2020, Taewoong...

Divided States of America as consumers hit the wires

US governors are making independent decisions to return staff to work and open up their economies, even as the death toll from the Covid-19...

CMA CGM pushes up Asia freight rates

CMA CGM has decided to apply new freight of all kinds (FAK) rates as follows as from 15 May 2020 (date of loading in...

Brexit breaking service links Ireland to Europe

Compagnie Luxembourgeoise de Navigation (CLdN) commenced a new weekly unaccompanied freight service on 24 April linking Ireland and Belgium in a move that will...

China-Europe rail freight bucks Covid-19 trend

China State Railway Group Company (China Rail) said that container rail freight to Europe grew in the first quarter of 2020 as Chinese manufacturers...

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