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Intra-Asia rates weaken again; Drewry launches new container index

Average spot rates on most intra-Asia container trade lanes weakened again in the first two weeks of September, according to Drewry’s new Intra-Asia Container...

CMA CGM applies US$200 overweight surcharge from Asia to North Europe

CMA CGM has announced an update to its Overweight Surcharge (OWS) for shipments from Asia to North Europe. Effective from 15 September 2024, until further...

Transpacific troughs as WCI registers double-digit dip even as market await clarity on possible strikes

The Drewry World Container Index (WCI) registered its largest weekly fall in percentage terms since May 2020 at US$4,168, dropping over 13% for the...

MSC increases rates from North Europe to North Med

Swiss/Italian ocean carrier MSC has announced updated freight rates from North Europe, including NWC, Scandinavia and the Baltic, to the North Mediterranean region, including Turkey,...

CMA CGM updates dangerous goods additional surcharge from Europe to Latin America

French ocean carrier CMA CGM has informed its customers of an update to the dangerous goods additional surcharge from Austria, Germany, the Netherlands, Belgium,...

CMA CGM applies PSS from Indian Subcontinent, Middle East Gulf, Red Sea, Egypt to USEC and US Gulf

CMA CGM recently announced the implementation of a new Peak Season Surcharge (PSS05) set to take effect on 15 October 2024. This surcharge will apply...

CMA CGM updates overweight surcharge from Indian Subcontinent & Middle East Gulf to South America

CMA CGM has announced an adjustment to its Overweight Surcharge (OWS) for dry cargo from the Indian Subcontinent and Middle East Gulf to the...

Atlantic capacity cuts and volumes push up rates

Uncertainty is affecting the Atlantic trade as the election rhetoric ramps up, and we approach the deadline for employers and US East Coast dockers...

MSC adjusts emergency operations surcharge for West Med, Adriatic and Israel to America trade

MSC has announced an adjustment to the following emergency operations surcharge (EOS), effective from 10 October 2024. The updated EOS rates are as follows: Previous...

US Presidential Debate: Trump’s tariffs to cause rate spike – with consumers picking up the cost

Donald Trump’s proposed import tariffs would see the cost of shipping goods by ocean increase in a repeat of the market spike seen during...

Maersk adjusts PSS from Indian Sub and Middle East to North America

Maersk will be adjusting the Peak Season Surcharge (PSS) for shipments from the United Arab Emirates, Bangladesh, Bahrain, Bhutan, India, Iraq, Jordan, Kuwait, Sri...

CMA CGM applies congestion surcharge in Algeria

Due to the ongoing congestion in Algeria, CMA CGM has informed its customers of the introduction of a Port Congestion Surcharge (PCS). This surcharge will...

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Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...

US sanctions target Iran-China oil trade, stirring waves across global shipping

As Washington ramps up its campaign to stifle Iranian oil revenues, a new chapter is unfolding in the ongoing tensions between the United States,...

AD Ports Group reports strong Q1 results

AD Ports Group delivered a solid financial performance in the first quarter of 2025, with significant year-on-year growth in revenue, earnings, and profits. Revenue for...

Clarksons: Tariffs could see negative growth for container shipping

Clarksons has warned that container shipping demand could regress if the US-China tariff war continues beyond this quarter. (adsbygoogle =...
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