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Rates & Surcharges

CMA CGM raises rates for Northern Europe and Mediterranean shipments

French ocean carrier CMA CGM has announced increases in its rates for shipments to Northern Europe and the Mediterranean. The company has announced the implementation...

Maersk applies new peak season surcharge from Oceania to India

Danish container line Maersk will introduce a Peak Season Surcharge for shipments from Australia, New Zealand, Papua New Guinea, Solomon Islands, Fiji, American Samoa,...

Maersk announces updated surcharges from Far East to India and Pakistan

Maersk is updating the Peak Season Surcharge (PSS) for shipments from Brunei, East China, South China, North China, South Korea, Hong Kong, Vietnam, Indonesia,...

Maersk revises Gambia peak season surcharge

Danish ocean carrier Maersk is revising the peak season surcharge from several countries around the world to Gambia. Effective from 24 January, the tariff amounts...

CMA CGM increases rates for US shipments

French ocean carrier CMA CGM has announced new rates and surcharges for shipments destined for the United States. Firstly, CMA CGM will apply a peak...

Rapid rate declines expected in February

Vespucci Maritime CEO Lars Jensen said in a Baltic Exchange report that the alliance reshuffling is expected to result in short-term overcapacity in February. This...

Maersk revises peak season surcharge from Far East to East Coast of South America

Danish ocean carrier Maersk has announced an update on its peak season surcharge (PSS) for dry containers from Far East Asia, excluding Taiwan and...

Maersk revises reefer surcharge from India to Iraq

Maersk is revising the Peak Season Surcharge (PSS) for shipments from India's ports of Jawaharlal Nehru, Mundra and Pipavav to Iraq. The following updated surcharge...

Ocean container shipping rates may fall after USEC deal

Strikes at ports on the US East Coast and Gulf Coast, which would have caused an economic and supply chain crisis, have been called...

Shanghai container freight futures point to declining rates in 2025

Launched in August 2023, the Shanghai INE EC container freight futures contract, based on the SCFI's China – North Europe sub-index, managed to find...

KOBC Container Composite Index jumps, Busan-US spot rates surge

The Korea Ocean Business Corporation (KOBC) announced that the latest KOBC Container Composite Index (KCCI) stood at 3,480 points, reflecting a 4.41% increase from...

MSC increases Emergency Operation Surcharge from North Europe to America

In light of the significant changes in the alliances' network, MSC foresees general operational disruption during the first months of 2025. For this reason, the...

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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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