Drewry’s composite World Container Index (WCI) decreased by 3.4% to US$1,680.73 per 40ft container this week, 84% below the peak of US$10,377 reached in...

Industry Opinions

Xeneta: Carriers drive up ocean freight rates on main Far East to USWC trade with savvy capacity cuts

Container News Team - September 7, 2023 0

After a year of plunging ocean freight rates, carriers appear to have turned the tide on the key China to US West Coast trade,...

Rates & Surcharges

CMA CGM implements congestion surcharges in Benin and Senegal

Ioanna Kontos - September 6, 2023 0

Due to existing delays, CMA CGM has announced new port congestion surcharges (PCS) from all ports globally to Cotonou in Benin and Dakar in...

Rates & Surcharges

MSC applies new FAK rates from UAE to Europe

Container News Team - September 5, 2023 0

The world's largest ocean carrier MSC has announced the following updated freight rates from the port of Jebel Ali in the United Arab Emirates...

Most Popular

CMA CGM halts Mediterranean service as rates sink

Container News Team - September 5, 2023 0

CMA CGM’s new Asia-Mediterranean service has fallen victim to falling freight rates, after just six sailings. The French carrier has suspended its newly launched Turkey-Libya...

News

CN analysis: Indian export container freight rates recover after a long steak of declines

Ioanna Kontos - August 31, 2023 0

Container freight rates for exports from India have shown some positive signs for carriers, after a long streak of declines, according to the latest...

Rates & Surcharges

CMA CGM applies new PCS in Mersin

Ioanna Kontos - August 30, 2023 0

CMA CGM has announced a new Port Congestion Surcharge (PCS) from the port of Mersin to several destinations worldwide due to current delays in...

Most Popular

WCI incurs first decline in 7 weeks

Container News Team - August 28, 2023 0

The composite World Container Index (WCI) decreased 3.5% from the previous week to US$1,768.33 per FEU in Week 34, the first decline in four...

Most Popular

CMA CGM implements new surcharge in Turkish port

Ioanna Kontos - August 25, 2023 0

Marseille-based container line CMA CGM will apply new port congestion surcharges (PCS) in the Turkish port of Iskenderun. CMA CGM will introduce a surcharge of...

Rates & Surcharges

CMA CGM applies new FAK rates from Med to US East Coast & US Gulf

Ioanna Kontos - August 25, 2023 0

CMA CGM has announced new Freight All Kinds (FAK) rates from all Mediterranean ports including Malta, France (Fos/Marseille), Italy, Spain (Algeciras, Valencia, Barcelona, Sagunto),...

Industry Opinions

Latest data is ‘a wake-up call’ for shippers, as Xeneta argues now is the time to negotiate long-term rates

Ioanna Kontos - August 24, 2023 0

Xeneta believes long-term ocean freight rates may have started bottoming out after around a year of persistent, often dramatic monthly falls. The Oslo-based benchmarking...

Most Popular

CMA CGM implements congestion surcharges in Turkish port

Container News Team - August 23, 2023 0

Marseille-based container line CMA CGM will apply new port congestion surcharges (PCS) in the Turkish port of Iskenderun. CMA CGM will introduce a surcharge of...

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

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POPULAR POSTS

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

Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

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