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Rates & Surcharges

Stable outlook on Drewry’s WCI as spot rates stuck in a range

It seems that the spot rates would be range-bound for a while! The Drewry’s World Container Index took just a 1% hit for the...

CMA CGM revises congestion surcharge at Turkish ports

Considering the operational circumstances in Iskenderun and Mersin in Turkiye, CMA CGM has announced there will be an update in the Port Congestion Surcharge...

Global Freight Monitor: Container freight rates hit a speed bump

The Shanghai Containerised Freight Index (SCFI) turned negative following four weeks of stable or rising rates: SCFI dropped 3.6% week over week after four...

CMA CGM announces extra risk coverage surcharge in Sudan

CMA CGM will implement an extra risk coverage surcharge for several sailings at the destination of Sudan, considering the current situation in the country. The...

CN analysis: Container freight rate slide on larger Indian trades slows amid contract negotiations

The slide in container freight rates on some of the trades routes out of India seems to have slowed, according to the latest market...

CMA CGM announces overweight surcharge update from Asia and India East Coast to Nigeria

CMA CGM announced an updated Overweight Surcharge (OWS) from Asia and India East Coast to Nigeria that will take effect on 28 April. The French...

Drewry’s World Container Index snaps losing streak as Transpacific spot prices shoot up

The Drewry's World Container Index (WCI) snapped its losing streak, registering a 3.8% weekly uptick for the index on the back of strong price...

CMA CGM implements new hazardous surcharge from Asia to North Europe

CMA CGM has announced it will apply a new surcharge for the transportation of hazardous cargo from Asia ports to North European destinations. In particular,...

SCFI logs largest weekly gain in 23 months to settle back at fourth digits

The Shanghai Shipping Exchange powered Shanghai Containerized Freight Exchange (SCFI) logging its biggest weekly gain in percentage terms (about 7.95%) since May-2021 to pass...

Subdued but strong March for Drewry’s container index as forecasts boom despite specific looms

The Drewry's World Container Index (WCI) ended just about 0.5% lower for the week at US$1,710, still looming below the Christmas-2019 mark, though not...

CMA CGM revises Panama Canal surcharge from Asia to American destinations

French ocean carrier CMA CGM announced a revision of the Panama Canal Surcharge, which is implemented from Northeast Asia and China to East Coast Central...

Mild uptick in SCFI in six months

Market sentiment turned positive for the first time since September 2022, as the Shanghai Containerized Freight Index (SCFI) recovered mildly in the week ended...

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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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