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Rates & Surcharges

Drewry’s WCI registers 35th consecutive fall, loses 80% of the pandemic gains

Container News Team - 0
The Drewry’s World Container Index took a 7% tumble to quote at US$3,145. The Index which has lost 67% annually and 70% since its...
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Sea-Intelligence points to main freight rate inflation drivers

Antonis Karamalegkos - 0
Shipping data analysis firm Sea-Intelligence reported that it is clear the underlying costs for operating liner services have increased significantly, compared to the past...
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Decline in spot freight rates accelerates, reports Shifl

Antonis Karamalegkos - 0
SHIFEX, a container spot freight rate index, shows that freight rates for 40’ containers moving from China to the port of Los Angeles fell...
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Most Visited - Newsletter

CN analysis: Freight rates on Indian trades continue to trend down amid falling demand

Container News Team - 0
Container lines operating to/from India continue to see the pressure on freight rates build up as volumes trend down, according to the latest market...
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CMA CGM introduces new US$500/TEU overweight surcharge

Container News Team - 0
After MSC's decision to revise overweight surcharges for Indian export containers, CMA CGM has also announced a new surcharge of the same kind. Effective today...
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News

Vessel utilisation remains low, reports Sea-Intelligence

Antonis Karamalegkos - 0
Danish shipping data analysis company Sea-Intelligence reports that global demand continues to decline, and whether we calculate the growth in TEU*Miles or as an...
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MSC revises overweight surcharges for Indian export cargo

Container News Team - 0
Mediterranean Shipping Co. (MSC) has announced a new scale of overweight surcharges for Indian containers moving to Canada, Mexico, Central America and the Caribbean. The...
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Rates & Surcharges

CMA CGM applies new overweight surcharge on Asia and India East Coast to Nigeria trade

Container News Team - 0
French container carrier CMA CGM will implement a new overweight surcharge (OWS) concerning dry cargo from Asia and Indian east coast ports to the...
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Rates & Surcharges

Box rates slip further on indices for 33rd consecutive week

Container News Team - 0
The streak of red for ocean freight continues, with both the Drewry's World Container Index (WCI) and the Shanghai Containerized Freight Index (SCFI), losing...
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Upcoming renegotiations of Asia-Europe contract rates to signal freight rates trends, said HSBC

Antonis Karamalegkos - 0
British multinational banking and financial services organisation, HSBC brings forward its trough scenario for container shipping. HSBC lowered its demand estimations for 2023 and...
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Most Visited - Newsletter

Global supply chain pressures ease as spot rates and indices dip

Container News Team - 0
The Global Supply Chain Pressure Index (GSCPI) reported a level of 1.05, for September 2022, which is a mere quarter of the peak reported...
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Rates & Surcharges

Drewry’s WCI loses three-fourth of pandemic gains despite record high US-Europe rates

Container News Team - 0
The losses for the Drewry's World Container Index (WCI) keep stretching. The Index lost 8% to end at US$3,688.75 for the week, extending its...
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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

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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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