Maersk has announced a rate increase from Pakistan, the Middle East, and the Indian subcontinent to North America, namely the United States and Canada. In...

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Carriers attempt PSS for India-US cargo after modest GRI success

Ioanna Kontos - August 4, 2023 0

Container lines appear to have regained some bargaining power to lift freight rates on the India-US trade lane after managing partial recovery from recent...

Most Visited - Newsletter

Hapag Lloyd increases rates from Asia to US East Coast

Container News Team - August 2, 2023 0

Hapag Lloyd has announced a new General Rate Increase (GRI) / General Rate Adjustment (GRA) from India, Sri Lanka, Pakistan and Bangladesh to the...

Industry Opinions

Long-term ocean freight rates hit two-year low just as record new levels of ships enter market and overcapacity adds further pressure: Xeneta

Ioanna Kontos - August 1, 2023 0

Global long-term shipping rates sank to a two-year low in July, with the latest data from Xeneta's Shipping Index (XSI®) showing a fall of...

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Freight rates rise on GRIs and Canadian strike

Container News Team - August 1, 2023 0

Transpacific rates rose to a nine-month high when the Shanghai Containerized Freight Index (SCFI) closed on 28 July, as general rate increases (GRIs) on...

Most Visited - Newsletter

CMA CGM increases FAK rates from Asia to North Europe

Ioanna Kontos - August 1, 2023 0

CMA CGM has announced an increase in Freight All Kinds (FAK) rates from all Asian ports (including Japan, Southeast Asia and Bangladesh) to all...

Rates & Surcharges

CMA CGM implements port congestion surcharge for reefer cargo in Cameroon

Ioanna Kontos - August 1, 2023 0

CMA CGM will apply a port congestion surcharge (PCS) of US$600 per reefer container that is sailing to the port of Douala in Cameroon. This...

Rates & Surcharges

CMA CGM revises overweight surcharge from Asia to East Africa

Container News Team - August 1, 2023 0

CMA CGM has announced changes on overweight surcharge (OWS) from North East Asia, South East Asia, Mainland China, Hong Kong SAR & Macau SAR,...

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Carriers see rate gains on India-US trades, but slide continues on other trades

Container News Team - July 31, 2023 0

With the exception of trades to the United States, container carriers operating out of India have continued to face further significant freight rate declines...

Rates & Surcharges

Transpacific drive latches on to US$100 recovery in composite rates

Container News Team - July 28, 2023 0

A string of General Rate Increases (GRIs) for Freight All Kinds (FAK) rates, the added effect of the Canadian port strikes and the cutting...

Rates & Surcharges

HMM announces new GRI from North India to East Coast of South America

Container News Team - July 25, 2023 0

Seoul-based ocean carrier HMM has announced a new general rate increase (GRI) for shipments from North India to the East Coast of South America...

Rates & Surcharges

CMA CGM implements new overweight surcharge from Asia to Africa

Container News Team - July 24, 2023 0

CMA CGM has announced a new overweight surcharge (OWS) from Asia to Africa, effective in the next month. More specifically, the Maersille-based company said that...

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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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