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MSC more than doubles EOS from North Europe to US

Swiss/Italian ocean carrier MSC has announced an increase in the emergency operation surcharge for shipments from North Europe to the United States, Bahamas and Puerto...

CMA CGM updates FAK rates from Indian Sub to North Europe and Med

French shipping company CMA CGM has announced new Freight All Kinds (FAK) rates effective from 15 January 2025 (gate-in date), until further notice. These updated...

Transpacific rate rebound gives box lines upper hand in contract negotiations

Transpacific rates have shot up ahead of an increasingly likely industrial action by US East Coast port workers. This will give mainline operators bargaining...

CMA CGM announces peak season surcharges from China to West Africa

French ocean carrier CMA CGM has announced new peak season surcharges (PSS) from China to West Africa, which will be effective in the next...

Evolving India-West Africa Trade Dynamics Amid Surging Container Freight Rates

The maritime trade route between India and West Africa has shown a pattern of volatility alongside significant growth, particularly in the realm of container...

Asia-Europe ocean rates continue to climb on early LNY rush

Ocean rates from Asia to Europe and the Mediterranean increased last week, with prices of US$5,300/FEU to Europe approaching levels in the lead-up to...

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

German ocean carrier Hapag-Lloyd has announced that a General Rate Increase (GRI)/General Rate Adjustment (GRA) will be introduced for shipments from the Indian Subcontinent...

Bumpy rates in 2025 amid alliance resets and ongoing Red Sea challenges

The seasonal drop in container freight rates after Chinese New Year 2025 could be greater than in previous years, as it coincides with the...

Hapag-Lloyd introduces new surcharge from Egypt to West Africa

German ocean carrier Hapag-Lloyd has announced that a new Equipment Imbalance Surcharge (EIS) will be implemented from Egypt to West Africa. Effective from 15 December,...

Dimerco: Tighter capacity and higher rates fuelled by tariffs

The first indications that a surge in freight may occur came from Drewry’s today when the consultant’s WCI composite index showed global, week-on-week, rates...

Maersk implements updated PSS from China to Philippines

Maersk will adjust the Peak Season Surcharge (PSS) rates for both dry and reefer containers departing from North China and East China ports and...

CMA CGM applies Panama Canal Transit Surcharge from Far East to US East Coast & US Gulf

The Panama Canal Authority has introduced a new booking reservation system, the Long-Term Slot Allocation (LoTSA), to regulate canal crossing reservations. This system, which will...

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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