Maersk has announced the revision of the Panama Canal Charge (PCC) for cargo transiting through the Panama Canal effective from 3 August 2023. The Danish...

CMA CGM increases FAK rates from India and Pakistan to North Europe and Med

Ioanna Kontos - July 10, 2023 0

CMA CGM has announced an increase in Freight All Kinds (FAK) rates from India and Pakistan to all ports in North Europe and the...

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“Opaque” peak season for container shipping

Container News Team - July 10, 2023 0

Freight Investor Services' head of air and containers Peter Stallion said in a Baltic Exchange commentary that heading into July, the outlook for container...

Rates & Surcharges

CMA CGM revises congestion surcharge in Algerian ports

Ioanna Kontos - July 7, 2023 0

CMA CGM has announced revised port congestion surcharges (PCS) in Algeria's ports of Oran and Alger due to continuing delays in between congestion/waiting time...

Rates & Surcharges

Transatlantic rates tumble even as transpacific rates rumble with WCI officially below all post-pandemic quotes

Container News Team - July 6, 2023 0

A 25% tumble in the transatlantic rates, Rotterdam to New York at US$2,003, awarded the Drewry World Container Index with its lowest ever level...

Rates & Surcharges

CMA CGM revises port congestion surcharges in Turkish port

Ioanna Kontos - July 6, 2023 0

As operational challenges continue at the port of Mersin, CMA CGM has decided to revise port congestion surcharges (PCS) at the Turkish port. French ocean...

Rates & Surcharges

CMA CGM sets increased FAK rates from Asia to North Africa and Med

Ioanna Kontos - July 6, 2023 0

CMA CGM has announced several rate increases from Asia to North Africa and the Mediterranean that will be effective from 1 August 2023. The French...

Rates & Surcharges

SCFI rises for first time in four weeks

Container News Team - July 5, 2023 0

Shanghai Shipping Exchange (SSE) reported that the composite Shanghai Containerized Freight Index (SCFI) closed at 953.6 points in Week 26. More specifically, rising 3.2% from...

Maersk, CMA CGM increase FAK rates from Asia

Container News Team - July 4, 2023 0

Maersk and CMA CGM have decided to increase their FAK (Freight All Kinds) rates from Asia to several destinations worldwide. Marseille-based CMA CGM announced an...

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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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