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Rates & Surcharges

Hapag-Lloyd implements new rate increase from East Asia to North America

Hapag-Lloyd announced a general rate increase (GRI) from East Asia to North America for cargo transported in dry, reefer and special containers, including high...

CMA CGM adds Indian Subcontinent to congestion surcharge destinations from Mersin

CMA CGM has announced a port congestion surcharge from Mersin, Turkey to the Indian Subcontinent due to current delays in the Turkish port. After CMA...

CMA CGM applies new overweight surcharge from Saudi Arabia to North Africa and Morocco

CMA CGM announced an overweight surcharge (OWS) from the port of Jeddah in Saudi Arabia to North Africa and Morocco. The surcharge of US$100 /...

CN analysis: Freight rates for Indian exports continue to cool ahead of carriers’ GRI attempts for US services

Container carriers serving Indian trades are seeing no letup in the erosion of export freight rates amid a slowdown in cargo volumes, according to...

Container lines hold onto India-US trade GRIs despite little success signals

Container lines seem to be firm on going ahead with a mild rate restoration programme for shipments from India to the United States and...

CMA CGM applies new port congestion surcharge in Mersin

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

Hapag-Lloyd increases freight rates from Asia to Latin America

Hapag-Lloyd announced a new General Rate Increase (GRI) from Asia to the West Coast of Latin America, Mexico, Caribbean and Central America. The German carrier...

Drewry’s World Container Index knocks January 2020 levels, but will the spring leave the winter far behind?

The Drewry’s World Container Index (WCI) dipped to US$1,791 on 16 March 2023, recording its 50th week of dips over the last year. The rates have...

Hapag-Lloyd increases rates from Middle East to US

Hapag-Lloyd announces a new general rate increase (GRI) / General Rate Adjustment (GRA) from the Middle East to the United States for cargo transported...

Container xChange sees warehouses overflowing and possible rebound in box rates in March

Hamburg-based Container xChange, an online platform for container logistics, has released its container market forecast for March. While most industry participants anticipate a rebound in...

Who fuels the price war?

Danish maritime data analysis firm Sea-Intelligence said that freight rates are primarily determined by changes in vessel utilisation, which in turn means that when...

FBX underperforms as another week bleeds red for ocean freight – An indices comparison perspective

The Freightos Global Container Index (FBX) took a 10% hit in its weekly quote, only the third such instance ever since 2020, to register...

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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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