Maersk announces new peak season surcharges worldwide

Maersk reefers at APM Terminals Aarhus / Source: APM Terminals Maersk has unveiled new peak season surcharges worldwide, which are going to take effect in January and February. The Danish ocean carrier is introducing a Peak Season Surcharge (PSS) as per the below table with the effective date of 8 January, excluding Vietnam and Taiwan. The […]

CMA CGM announces new FAK rates from Asia to Med and North Europe

The French carrier, CMA CGM implemented new Freight All Kinds (FAK) rates as follows from 15 January 2024 (date of loading in the origin ports) until further notice: 20′ 40’/40’HC/40’RF WEST MEDITERRANEAN  US$3,500 US$6,000 EAST MEDITERRANEAN  US$3,600 US$6,200 ADRIATIC  US$3,550 US$6,100 BLACK SEA  US$3,650 US$6,300 SYRIA  US$3,932 US$6,773   These new FAK rates will be implemented in […]

OOCL expands fleet with introduction of 24,000 TEU mega vessel

Orient Overseas Container Line (OOCL) announced the addition of a new 24,000 TEU mega vessel to its fleet. The newest member of OOCL’s fleet was named OOCL Valencia at the shipyard of Nantong COSCO KHI Ship Engineering (NACKS). This box ship is the seventh environmentally friendly 24,188 TEU vessel in a series of twelve ordered by OOCL, as […]

ONE introduces Japan Taiwan Cat Lai (JTC) service

Ocean Network Express (ONE) has unveiled its latest service – the Japan Taiwan Cat Lai (JTC) service. JTC is designed to offer customers enhanced connectivity through new direct services, ensuring swift transit times, notably just four days from Tokyo to Taipei/Taichung. The boxship Interasia Pursuit is scheduled to dock in Tokyo on 22 January 2024, […]

Shippers accuse carriers of price gouging

Shippers and forwarders are becoming increasingly concerned about carrier price gouging on the Asia to Europe services citing massive increases in charges that are being merged into a single charge from January. According to one forwarder, who wanted to remain anonymous, carriers are citing increases for a peak season surcharge, increased fuel charges and security […]

CMA CGM close to top spot in intra-Mediterranean

CMA CGM is about to surpass Mediterranean Shipping Company as the largest intra-Mediterranean operator, according to Alphaliner. The French carrier has increased the number of ships and currently deploys much larger vessels in the Mediterranean compared to a year ago. Currently, CMA CGM operates 60 ships of over 96,000 TEUs in the intra-Mediterranean market, after […]

MSC boxship attacked in Red Sea

MSC UNITED VIII / Source: Vessel Finder MSC confirmed that on 26 December the 8,200 TEU container ship MSC UNITED VIII was attacked while transiting the Red Sea. “The vessel informed a nearby coalition task force warship of the attack and as instructed engaged in evasive maneuvers,” reported the Swiss/Italian ocean carrier. According to the […]