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CMA CGM announces new FAK rates from Asia to Med and North Europe

The French carrier, CMA CGM implemented new Freight All Kinds (FAK) rates as follows from 15 January 2024 (date of loading in the origin ports)...

Charter rates for large boxships jump in response to Red Sea diversions

In response to the shortage of ships resulting from Red Sea diversions, tonnage providers have jacked up charter rates, particularly for larger vessels that...

EU ETS boost from Red Sea conflict

Carbon trading in the maritime sector was launched on 1 January, but the effects of the EU Emissions Trading System (EU ETS) have been...

CMA CGM implements PSS from Asia to North Europe and Mauritius

The French carrier announced the following Peak Season Surcharge (PSS) from all Asian main ports to North Europe including Scandinavia, Baltic States and Poland...

CMA CGM introduces new PSS from Middle East Gulf

CMA CGM introduces a new Peak Season Surcharge (PSS) for shipments from the Middle East Gulf to North Europe (including Scandinavia, Baltic States, and...

ZIM increases rates from Med and Black Sea to USEC, Gulf, Canada and Mexico

ZIM announced new increased rates from the West Mediterranean ports to all ports in the United States East Coast, Gulf, Canada and Mexico. The new...

Shippers accuse carriers of price gouging

Shippers and forwarders are becoming increasingly concerned about carrier price gouging on the Asia to Europe services citing massive increases in charges that are...

CMA CGM implements PSS from South Türkiye to North Europe

CMA CGM, the French carrier, introduced the Peak Season Surcharge (PSS) from 10 January 2024 (gate-in date). This surcharge will remain in effect until...

Capacity crunch as all-time high of vessels reroute around Cape of Good Hope

The number of ships that have diverted from the Suez Canal to the Cape of Good Hope has reached a record high of 125...

CN analysis: Freight rates on Indian trades move up amid Suez Canal routing disruptions

After a long streak of declining trends, container freight rates on major trades out of India have begun to rise amid carrier routing disruptions...

HMM announces US$1,500 GRI from India to East Coast of Latin America

South Korean ocean carrier HMM has announced a new general rate increase (GRI) from India to the East Coast of Latin America on its...

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

German box carrier Hapag-Lloyd will apply a new General Rate Increase (GRI) or General Rate Adjustment (GRA) for cargo shipments from India to the...

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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