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Wan Hai boss: Higher contract rates for US West Coast shipments

Wan Hai Lines’ general manager Tommy Hsieh is optimistic that contract rates will be higher due to economic growth. Hsieh told journalists at the National...

Hapag-Lloyd announces GRI from Asia & Oceania to Africa

Hapag-Lloyd announces that a General Rate Increase (GRI) will be implemented for cargo transported from Asia and Oceania to Africa in 20-foot and 40-foot...

Hapag-Lloyd increases rates from Far East to Europe

German ocean carrier Hapag-Lloyd has announced increased tariff rates for Freight of All Kinds (FAK) between the Far East and Europe. This increase will apply...

Hapag-Lloyd applies new rates from North Europe to America

German ocean carrier Hapag-Lloyd has announced a new Peak Season Surcharge (PSS) from North Europe to the United States, Canada and Mexico. The new surcharge...

Trump’s new tariffs unlikely to reverse trade deficit

Tariffs that the Trump 2.0 administration is imposing on Chinese imports would not reverse the US’ deteriorating container trade imbalance with China, according to...

CMA CGM applies peak season surcharge from North Europe to North America

French ocean carrier CMA CGM announces the implementation of the following peak season surcharge (PSS) effective from 1 March 2025, until further notice. This surcharge...

Hapag-Lloyd increases rates from Indian Sub and Middle East to North America

Hapag-Lloyd announces that a General Rate Increase (GRI) / General Rate Adjustment (GRA) is set to take effect for shipments from the Indian Subcontinent...

CMA CGM applies overweight surcharge from Med to East Africa

Marseille-based container line CMA CGM will implement an overweight surcharge (OWS) from the Mediterranean to East Africa, effective from 24 January until further notice. The...

CMA CGM announces congestion surcharge in Namibia

French ocean carrier CMA CGM has announced the implementation of a Port Congestion Surcharge (PCS) in response to the current situation in Namibia. The surcharge...

Hapag-Lloyd implements reefer surcharge for Chile-Asia shipments

Hamburg-based container line Hapag-Lloyd has announced a new peak season surcharge (PSS) from Chile to Asia, including China, Taiwan, Japan, South Korea, Thailand, Singapore,...

Maersk implements PSS from Indian Sub and Middle East to North America

Maersk is revising the Peak Season Surcharge (PSS) for shipments from the United Arab Emirates, Bangladesh, Bahrain, Bhutan, India, Iraq, Jordan, Kuwait, Sri Lanka,...

CMA CGM applies congestion surcharge in Peru and Chile

French ocean carrier CMA CGM announces the implementation of a Port Congestion Surcharge (PCS) in Peru and Chile. Effective 1 February 2025, a surcharge of...

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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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