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Bangladeshi freight forwarders hike charges by 57% owing to fuel price hike 

Owing to the recent record price hike of fuel oil in the local market, Bangladeshi freight forwarders have enhanced forwarding charges by 57% for...

Suez Canal Authority to apply increased transit tolls next year

The Suez Canal Authority (SCA) will increase the transit tolls for all types of vessels by 15% during the next year and by 10%...

Drewry’s World Container Index dips below US$5,000

The Drewry's World Container Index (WCI) effectively dipped for the 200th day to end below US$5,000 at US$4.942, just a percent away from 4,900...

Transatlantic lane displaces Asia-US West Coast as most profitable route

The Asia-US West Coast route is no longer the most lucrative, according to Alphaliner, as rates have fallen below US$3,500/FEU. The Transatlantic has become the...

Excessive carrier profits at risk as decline in spot rates prompts renegotiation of contract rates, reports Shifl

SHIFEX, a container spot freight rate index, recorded the lowest freight rate in 24 months between Shanghai, China and Los Angeles, US. The index shows...

Yang Ming chairman: Market correction is “temporary”

Yang Ming Marine Transport chairman Cheng Cheng-mount has asserted that the ongoing correction in container freight rates is just a blip and the market...

CMA CGM applies new overweight surcharge from Asia to North Europe

CMA CGM will implement a new overweight surcharge from North East Asia, South East Asia, China, Hong Kong & Macau SAR to North Europe,...

MSC raises box rates from Antwerp

Swiss/Italian container shipping company Mediterranean Shipping Company (MSC) has announced a rate increase from the port of Antwerp in Belgium to the ports of...

CN analysis: Slowing exports send freight rates on major trades out of India further downwards

With export volumes moderating, average container freight rates across major trade lanes out of India have seen measurable downward revisions this month, from the...

New low in US container freight rates set to ease inflation, reports Shifl

SHIFEX, the spot container rate index by the digital freight forwarding platform Shifl, has positive news for US consumers as it shows a continued...

Carriers drop India rate increase notices as export growth loses steam

Raising the prospect of market corrections, Mediterranean Shipping Co. (MSC) has recalled its trade advisories seeking new rate increases on India-US routes, ostensibly because of...

Low vessel utilisation to fuel rate decline: Sea-Intelligence

The maritime data analysts of Sea-Intelligence looked at the development of nominal vessel utilization, which they described as "a key parameter in gauging the...

Latest Posts

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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