Marseiile-based ocean carrier CMA CGM has notified its customers of a forthcoming Peak Season Surcharge (PSS) effective from 15 May until further notice. The surcharge will be applicable for shipments originating from China, South East Asia, North East Asia, and India East Coast (including Kolkata, Cochin, Ennore, Haldia, Kattupalli, Krishnapatnam, Karaikal, Chennai, Paradip Garh, Tuticorin, […]

German ocean carrier Hapag-Lloyd has announced the implementation of Peak Season Surcharges (PSS) from Asia to various destinations across Africa. The following surcharges will apply to all container types and will be effective from 16 May until further notice. From Asia to North West Africa (Dakar – Senegal, Nouakchott – Mauritania, Banjul – Gambia, Conakry […]

CMA CGM has announced increased Freight All Kinds (FAK) rates from Asia to the Mediterranean, effective from 1 to 14 May (date of loading in the origin ports) until further notice: FROM ASIA 20′ 40’/40’HC WEST MEDITERRANEAN US$3,800 US$5,200 ADRIATIC US$3,900 US$5,300 EAST MEDITERRANEAN US$3,900 US$5,300 BLACK SEA US$4,000 US$5,400 ALGERIA US$5,100 US$6,800 TUNISIA US$4,600 […]

Maersk has announced increases in its peak season surcharges from several ports in Asia to Kenya, effective from 29 April and 13 May. Below are the details of the revised tariff amounts: Charge name Origin Destination Rate basis Container Rate Peak Season Surcharge Brunei, Vietnam, Indonesia, Cambodia, Laos, Myanmar (Burma), Malaysia, Philippines, Singapore, Thailand, East […]

CMA CGM has notified its customers about the implementation of a Peak Season Surcharge (PSS02) effective from 16 April 2024 (loading date) until further notice. This surcharge applies to shipments from China to various destinations including Angola, Congo, DRC, Namibia, Gabon, Cameroon, Nigeria, Côte d’Ivoire, Benin, Ghana, Togo, and Equatorial Guinea. The surcharge rate for […]

The Port of Riga has taken the initiative as a founding member of the Association of Four Sea Ports by endorsing a collective commitment with Cartagena in Spain, Trieste and Monfalcone in Italy, and ports along the North Sea in Belgium and the Netherlands. The shared objective of this declaration is to bolster port operations […]

In the first quarter of 2024, the total revenues of Orient Overseas Container Line (OOCL) decreased by 9% year-over-year to US$2 billion. At the same time, the carrier’s total liftings increased by 3.4% to 1.8 million TEUs, with the loadable capacity also showing a growth of 2.2%. Additionally. the overall load factor experienced a 0.9% […]

Israeli ocean carrier ZIM received the 15,248 TEU container ship ZIM Mount Vinson on 3 April, the last unit in the series of 10 same-size vessels built by Samsung H.I. for Seaspan. ZIM has chartered these 10 boxships for 12 years increasing its total operated capacity to 714,800 TEUs, lifting the Haifa-based box line over […]

HMM Oslo South Korean ocean carrier HMM has signed a Memorandum of Understanding (MoU) with Shanghai International Port Group (SIPG) on supply cooperation of Clean Marine fuel. This agreement will focus on bunkering methanol and LNG at Shanghai Port in China, while it also covers supporting carbon reduction goals, promoting global shipping new energy cooperation, […]