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Forwarder says lines creating “artificial demand”

A European freight forwarder has accused the lines of creating “artificial demand” by blanking sailings and talking up a looming empty box crisis. The forwarder,...

CMA CGM to apply new congestion surcharge in Cameroon

In response to the existing congestion situation in Kribi, Cameroon, CMA CGM has announced the implementation of a Port Congestion Surcharge (PCS). The French ocean...

Hapag-Lloyd raises rates from Middle East and Indian Subcontinent to Europe and North Africa

Hamburg-based ocean carrier Hapag-Lloyd has announced fresh ocean tariff rates from Middle East and Indian Subcontinent to Europe and North Africa. The German container line...

Box lines poised for first-quarter windfall

Mainline operators can expect a windfall for the first quarter of 2024, as the surge in freight rates far exceeds the costs of detouring...

Red Sea crisis changes container shipping situation from glut to tightness

The closure of the Suez route has changed the fundamental outlook for container shipping in 2024, with a potential capacity crunch in Asia looming in...

CMA CGM implements new port congestion surcharge in Cameroon

In response to the ongoing port congestion in Douala, Cameroon, CMA CGM has notified its customers about the introduction of a Port Congestion Surcharge...

Red Sea-Suez crisis quadruples Asia-Europe & Med rates

About 90% of all the containerized fleet that would have ideally taken the Suez Canal have now re-routed via the Cape of Good Hope....

Hapag-Lloyd increases rates from India to Latin America

German box line Hapag-Lloyd has announced a new general rate increase (GRI) from India to West Coast Latin America, Central America, Caribbean and Mexico. The...

Hapag-Lloyd increases rates from Indian Sub and Middle East to North America

Hapag-Lloyd announced a General Rate Increase (GRI) / General Rate Adjustment (GRA) for cargo transported in 20' and 40' dry, reefer and special containers,...

CMA CGM applies new peak season surcharges from Far East Asia to West Africa Central

CMA CGM has announced a new Peak Season Surcharge (PSS) that will be in effect from today (10 January) until further notice. The surcharge of...

Maersk announces new peak season surcharges worldwide

Maersk has unveiled new peak season surcharges worldwide, which are going to take effect in January and February. The Danish ocean carrier is introducing a...

India-US shippers hit by three rounds of hefty rate hikes in January

Indian shippers are getting flooded with general rate increase (GRI) and peak season surcharge (PSS) notices as container lines attempt to maximise pricing out...

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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