Freight rates, and especially the spot market ones, have fallen sharply since the beginning of the year, driven by declining consumer demand in the...

Rates & Surcharges

MSC applies rate increase from Italian ports to America

Container News Team - June 3, 2022 0

The Italian/Swiss box carrier Mediterranean Shipping Company (MSC) has announced new increases in freight rates from Italian ports to the ports of New York,...

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Shipping agents threaten to stop carrying cargoes to and from Sri Lanka

Container News Team - June 2, 2022 0

Shipping agents in Sri Lanka have warned that shipping lines could stop accepting import and export cargo to and from Sri Lanka as they...

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CN analysis: Indian shippers get a break from rate hikes on major trades

Container News Team - May 30, 2022 0

The trend of container freight rates stabilising or softening on larger trade routes out of India that became somewhat evident in April has continued...

Rates & Surcharges

San Pedro Bay ports likely to implement container dwell fee soon, warns Maersk

Antonis Karamalegkos - May 26, 2022 0

Maersk believes that the Biden Administration is likely to proceed with the implementation of the "Container Dwell Fee" on all long-dwelling cargo at Los...

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Booking cancellation charges hit Indian shippers as rate levels stabilise

Container News Team - May 23, 2022 0

Container lines covering Indian trades have begun to penalise customers, and more severely spot customers, for failing to fulfill their bookings as committed. These charges...

Rates & Surcharges

Drewry expects spot rates to remain stable in the near future

Container News Team - May 12, 2022 0

Drewry’s composite World Container Index decreased by 0.9% to US$7,657.20 per 40ft container the week of 12 May 2022, compared with the previous week's...

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CMA CGM implements hazardous surcharge of US$2,800/box in Chile

Container News Team - May 11, 2022 0

Marseille-based ocean carrier CMA CGM has announced a new hazardous surcharge, which is effective from 10 May (loading date). The French box line said the...

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Sharp drop in transit times and US spot rates, reports Shifl

Container News Team - May 10, 2022 0

The US GDP fell by 1.4% in the first quarter of 2022, which does not leave unconcerned the economists and the analysts. Vibrations were making...

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Australia’s shipping bodies stress “unreasonable container fees”

Antonis Karamalegkos - May 4, 2022 0

Freight & Trade Alliance (FTA) and the Australian Peak Shippers Association (APSA) have announced they have received extensive examples from members highlighting the "unreasonable...

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India on the front foot amidst global shipping disruption but dip in freight rates “temporary”

Container News Team - May 2, 2022 0

April ended with a cheer among the Indian shippers as prices of shipping containers across major ports of Nhava Sheva (Mumbai), Chennai and Mundra...

Rates & Surcharges

Xeneta CEO, Berglund: “It’s a position of power the carriers have no desire of relinquishing”

Container News Team - April 29, 2022 0

April saw the third consecutive monthly climb in long-term contracted ocean freight rates, with shipping costs rocketing by 11.1% globally to stand 109.9% up...

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Rates & Surcharges

Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Hapag-Lloyd announces surcharge from Asia and Oceania to African ports

Hapag-Lloyd increases rates from Asia to Americas

Africa: The Bright Spot in Deepsea Container Routes

Maersk introduces new PSS from China and Hong Kong to African destinations

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