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Carrier fuel surcharges to soar for shippers in 2024 amid trade disruptions

The next year will witness large increases in the scale of bunker adjustment factors (BAFs) applied by container carriers as the shipping industry faces...

Hapag-Lloyd raises rates from Far East to North Europe and Mediterranean

German ocean carrier Hapag-Lloyd will increase ocean tariff rates for Freight All Kinds (FAK) between the Far East and North Europe, as well as...

CMA CGM increases rates from Asia to North Europe, Med and North Africa

French box line CMA CGM has decided to increase its Freight All Kinds (FAK) rates from Asia to North Europe, North Africa and the...

Carriers set for major blanking programme

Hong Kong consultancy Linerlytica suggests that the carriers are struggling to achieve the General Rate Increases (GRIs) that they have supposedly imposed amongst the...

Xeneta expects “even more brutal” 2024 for ocean carriers

Norway-based ocean and air freight rate platform suggests that next year could be "even more brutal than expected" for ocean carriers in the freight...

CN analysis: Container carriers see no respite from rate declines on Indian trades

Container freight rates across trades out of India have continued to slide in November, while ocean carriers await some pricing gains from improving export...

MSC introduces Panama Canal surcharge

MSC has announced it will implement a Panama Canal Surcharge (PCS) of US$297 / container for cargo from Adia to the Caribbean transiting the...

CMA CGM increases freight rates from Asia

French ocean carrier CMA CGM has announced new Freight All Kinds (FAK) rates from Asia to North Europe, the Mediterranean and North Africa. The following...

Ex-Busan container rate index shows downward trends

The KOBC Container Composite Index (KCCI) closed at 1,255 points on 20 November, according to Korea Ocean Business Corp. (KOBC). The index fell 0.55% from...

Carriers on India-US trade attempt higher rate hikes for December

Container carriers serving India-US trades seem to have regained some strength to attempt higher rate increases amid promising export trade indications. CMA CGM has doubled...

Hapag-Lloyd to increase rates worldwide in December

Hapag-Lloyd has announced rate increases in several routes across the world, which will take effect in the next month. The German carrier will implement a...

CMA CGM introduces congestion surcharge in South Africa

French ocean carrier CMA CGM has announced a new port congestion surcharge (PCS) in South African ports due to the ongoing congestion in 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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