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CN analysis: Freight rates on Indian trades continue to cool amid falling export volumes

Container News Team - 0
Container freight rates on trades out of India have continued to cool, albeit at a slower pace on shipments to Europe, according to the...
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Rates & Surcharges

Drewry’s World Container Index drops

Ioanna Kontos - 0
Drewry's composite World Container Index fell 2% this week to US$2,046.51 per 40ft container. The Drewry WCI composite index is now already 80% down from...
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Most Visited - Newsletter

Non-alliance share begins to fall as freight rates normalise

Ioanna Kontos - 0
As the market recovered from the first Covid shock, a confluence of small carriers began to deploy capacity, particularly on the Transpacific trade, and...
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CMA CGM announces new peak season surcharges worldwide

Container News Team - 0
Marseille-headquartered container line CMA CGM has announced a new peak season surcharge (PSS) from Indian Subcontinent, Middle East Gulf & Red Sea to North...
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Rates & Surcharges

CMA CGM revises peak season surcharge from Mediterranean to Canada

Ioanna Kontos - 0
Marseille-headquartered container line CMA CGM has announced the revision of the peak season surcharge (PSS) from the Mediterranean to Canada's East Coast. The new surcharge...
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Port News

Valencia Containerised Freight Index continues downward trend

Container News Team - 0
The Valencia Containerised Freight Index (VCFI) ended 2022 with a 13.10% drop in December compared to November. The Port Authority of Valencia (PAV) noted that...
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Rates & Surcharges

SCFI crumbles to 30-month low, nears pre-pandemic levels

Container News Team - 0
The Shanghai Containerized Freight Index (SCFI) took a 2% tumble to settle at US$1,031.42, its lowest-ever quote since July 2020, settling just a tad...
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Most Popular

Container spot rates end 43-week falling streak

Container News Team - 0
The Drewry’s World Container Index finally shot green in its first-ever quote for 2023, ending at US$2,135, recording an appreciation of 0.7%, after having...
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Most Popular

Chinese export container rates drop despite normal CNY cargo rush

Container News Team - 0
An unusual drop in prices was observed in Chinese container exports, according to chief shipping analyst at BIMCO, Niels Rasmussen, who noted that box...
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Most Popular

Transpacific ocean rates return to 2019 levels

Container News Team - 0
The pandemic-driven surge in demand for ocean imports catapulted global freight – and rates – to new levels of infamy in 2021 and 2022. According...
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Port News

Port Houston announces daily fee for import containers to reduce long-term dwell

Container News Team - 0
Port of Houston has decided to implement a Sustained Import Dwell Fee that is expected to go into effect on 1 February. With this new...
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Most Popular

Atlantic spot rates about to collapse: Sea-Intelligence

Container News Team - 0
While freight rates have been dropping consistently on most trades, they have remained at high levels on the Transatlantic due to capacity issues. However, according...
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Latest Posts

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

CN Premium Articles Container News Team - 0
As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...
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MSC and ZIM downsize joint Far East-US East Coast service network

Services Antonis Karamalegkos - 0
In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
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US sanctions target Iran-China oil trade, stirring waves across global shipping

CN Premium Articles Alexandros Itimoudis - 0
As Washington ramps up its campaign to stifle Iranian oil revenues, a new chapter is unfolding in the ongoing tensions between the United States,...
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AD Ports Group reports strong Q1 results

News Container News Team - 0
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...
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Clarksons: Tariffs could see negative growth for container shipping

CN Premium Articles Container News Team - 0
Clarksons has warned that container shipping demand could regress if the US-China tariff war continues beyond this quarter. (adsbygoogle =...
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