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Rates & Surcharges

Futures show more downside to freight rates in 2025

Shanghai container futures trades suggest that Asia-Europe freight rates could fall further in 2025, after appearing to have peaked now. On 5 August, the index...

CMA CGM revises Med-US rates

CMA CGM has announced that effective from 1 September 2024, a rate restoration initiative will be introduced to tariff or service contract rates for...

Hapag-Lloyd introduces new PSS from Egypt to Americas

Hamburg-based ocean carrier Hapag-Lloyd announced that a Peak Season Surcharge (PSS) will be implemented for shipments from Egypt to Central America, the Caribbean, and...

Hapag-Lloyd applies equipment imbalance surcharge from India to Kenya and Tanzania

German box line Hapag-Lloyd has announced the implementation of an equipment imbalance surcharge (EIS) from all ports in India to all ports in Tanzania...

CMA CGM updates peak season surcharge from Spain Med ports to Latin America

CMA CGM announced that effective from 24 August until further notice, its peak season surcharge (PSS) from Spain Mediterranean Ports to West Coast of...

CMA CGM introduces PSS to USEC and US Gulf Coast

French ocean carrier CMA CGM has announced a peak season surcharge (PSS) for cargo from the Indian Subcontinent, Middle East Gulf, Red Sea and...

CMA CGM applies new rates from Europe to US and Mexico

CMA CGM has announced that starting from 1 September, a rate restoration initiative will be implemented for tariff or service contract rates for cargo...

MSC implements peak season surcharges from North Europe to Americas

Due to strong demand from North Europe, including the United Kingdom and Scanbaltic, to the United States, Canada, Mexico, Puerto Rico and Bahamas, MSC...

CMA CGM applies port congestion surcharge in Gambia

Due to the current congestion in Banjul, Gambia, French container carrier CMA CGM has announced a Port Congestion Surcharge (PCS). The surcharge will take effect...

Adani Ports undercuts Colombo to boost hub prospects for Vizhinjam Port

High port tariffs that have long proved to be a deterrent for container lines to open more direct calls on the Indian coast are...

Maersk introduces peak season surcharge in Gabon

Danish ocean carrier Maersk has announced a new peak season surcharge (PSS) from Gabon. Maersk will implement the PSS form Gabon to non-regulated countries, effective...

Hapag-Lloyd increases rates from India and Pakistan to Med and North Africa

German ocean carrier Hapag-Lloyd has announced increased ocean tariff rates from India and Pakistan to the Mediterranean and North Africa. This increase will be valid...

Latest Posts

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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