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,...

Rates & Surcharges

CMA CGM to apply new congestion surcharge in Cameroon

Ioanna Kontos - January 23, 2024 0

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...

Rates & Surcharges

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

Container News Team - January 19, 2024 0

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...

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Box lines poised for first-quarter windfall

Container News Team - January 16, 2024 0

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

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Red Sea crisis changes container shipping situation from glut to tightness

Container News Team - January 15, 2024 0

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...

Rates & Surcharges

CMA CGM implements new port congestion surcharge in Cameroon

Ioanna Kontos - January 14, 2024 0

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

Industry Opinions

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

Container News Team - January 12, 2024 0

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....

Rates & Surcharges

Hapag-Lloyd increases rates from India to Latin America

Container News Team - January 12, 2024 0

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...

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

Ioanna Kontos - January 10, 2024 0

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

Rates & Surcharges

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

Ioanna Kontos - January 10, 2024 0

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...

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Maersk announces new peak season surcharges worldwide

Antonis Karamalegkos - January 9, 2024 0

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...

Rates & Surcharges

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

Container News Team - January 8, 2024 0

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

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Rates & Surcharges

Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Hapag-Lloyd announces surcharge from Asia and Oceania to African ports

Hapag-Lloyd increases rates from Asia to Americas

Africa: The Bright Spot in Deepsea Container Routes

Maersk introduces new PSS from China and Hong Kong to African destinations

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