Rates & Surcharges

CMA CGM announces PSS from Med to US, Mexico, Canada East Coast & US Gulf

CMA CGM has announced the implementation of a Peak Season Surcharge (PSS), starting from 15 July 2024 (loading date) until further notice.

The surcharge will apply to cargo originating from the West Mediterranean, Adriatic, Black Sea, and East Med (excluding Egypt) and destined for the US East Coast, US Gulf, Mexico East Coast, and Canada East Coast.

The PSS will be US$350 per 20′ container and US$700 per 40′ and 45′ containers, applicable to all types of cargo.


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https://container-news.com/cma-cgm-announces-pss-from-med-to-us-mexico-canada-east-coast-us-gulf/

Rates still climbing, but could early peak season start mean early end too?

Ocean rates out of Asia were stable last week but have already started climbing on mid-month Peak Season Surcharge increases this week as demand remains strong and Red Sea-driven congestion persists in both the Western Mediterranean and the Far East.

Strong demand and high spot rates have some long-haul carriers adding transpacific and Asia-Europe services. Smaller regional carriers are also entering transpacific trade for the first time since the pandemic. But with capacity already stretched...

https://container-news.com/rates-still-climbing-but-could-early-peak-season-start-mean-early-end-too/

HMM introduces new rate increase from India to Mediterranean

HMM India has announced a new General Rate Increase for shipments from India to North Continental Port and Mediterranean ports.

The Indian branch of the South Korean container transportation and shipping company said that effective from 28 June 2024, for loading on the FIM (Far East India Mediterranean) Service Vessel, Hyundai Tokyo 0152W, there will be a charge of US$600 per container.


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https://container-news.com/hmm-introduces-new-rate-increase-from-india-to-mediterranean/

Maersk announces fresh PSS implementation worldwide

Maersk will adjust the Peak Season Surcharge (PSS) for shipments from Oceania to several destinations worldwide from 1 July 2024.

This adjustment applies to dry containers destined for India, Bangladesh, Pakistan, Nepal, Sri Lanka, South Africa, Mauritius, Madagascar, Reunion, Seychelles, Mozambique, United Arab Emirates, Saudi Arabia, Oman, Jordan, Kuwait, Qatar, Bahrain, Iraq, and Djibouti.

For shipments from American Samoa, the revised surcharge will take effect from 15 July 2024.

Origin Des...

https://container-news.com/maersk-announces-fresh-pss-implementation-worldwide/

CMA CGM updates Asia peak season surcharges

The French carrier, CMA CGM Group, has announced an updated Peak Season Surcharge effective from 20 June 2024, until further notice.

The surcharge applies to shipments originating from all Asian ports and destined for the Middle East Gulf, Red Sea, and Indian Subcontinent.

This PSS will apply to Dry, Reefer, OOG, and Paying Empties cargo types, with rates set at US$1,000 per 20′ container (Dry & Reefer of all types) and US$2,000 per 40′ container (Dry & Reefer of all types).

In addition, CMA CGM...

https://container-news.com/cma-cgm-updates-pss-from-asia-to-worldwide/

CMA CGM announces FAK rates from North Europe to Northwest India

CMA CGM, the French carrier, has announced that Freight All Kinds (FAK) rates will be effective from 1 July (based on the loading date at origin ports) until further notice.

20’ST 40’ST/HC North Europe to Mundra/Nhava Sheva
US$1,425US$1,725

This means a rate restoration of US$100 per TEU will be applied to the previous rates in force.

In addition, these offers are valid from North Europe base ports on CMA CGM services. Usual surcharges will apply to outports.

The new FAK rates will...

https://container-news.com/cma-cgm-announces-fak-rates-from-north-europe-to-northwest-india/

CMA CGM updates freight rates worldwide

CMA CGM, the French carrier, has announced Freight All Kinds (FAK) rates effective from 1 July 2024, for shipments originating from North Europe, West Mediterranean, East Mediterranean, Black Sea, and Baltic regions to Australia and New Zealand.

20’ST 40’ST/HC 20’RF 40’RF/RH North Europe to Australia* North Europe to New Zealand** Mediterranean to Australia** Mediterranean...
US$1,873US$3,746US$3,255US$4,950
US$1,735US$3,250US$2,975US$4,550
US$2,075US$4,150US$3,465US$5,250

https://container-news.com/cma-cgm-updates-freight-rates-worldwide/

European container lines introduce Asia surcharges

Two major container shipping lines, Hapag-Lloyd and CMA CGM, have announced new Peak Season Surcharges for shipments originating from Asia.

German ocean carrier Hapag-Lloyd revealed an increase in the Peak Season Surcharge (PSS) from the Far East, including Oceania, to North Europe and the Mediterranean.

This adjustment applies to all sailings beginning on the tariffing date of 15 June 2024 and remains effective until further notice. The updated PSS amount is US$1,000 per TEU.

For your reference,...

https://container-news.com/european-container-lines-introduce-asia-surcharges/

CMA CGM applies new PSS from Asia to La Reunion

CMA CGM announced the implementation of a new Peak Season Surcharge (PSS), which will be effective from 1 June 2024 (loading date).

This surcharge applies to shipments originating from Asia (including China, Taiwan, Hong Kong & Macau SAR, South East Asia, South Korea, and Japan) destined for La Reunion, a French department in the Indian Ocean.

The surcharge will remain in effect until further notice and will be US$500 per TEU and will be applicable to dry, reefer, out of gauge, and breakbulk...

https://container-news.com/cma-cgm-applies-new-pss-from-asia-to-la-reunion/

CN analysis: Freight rate erosion on Indian trades continues as exporters bet on trade growth

Container freight rates on trades out of India have been unable to hold the rate gains they made from the Red Sea crisis, according to an analysis of market data for May by Container News.

On the westbound India-Europe trade, while average short-term contract rates for 20-foot container bookings from West India [Jawaharlal Nehru Port (JNPT)/Nhava Sheva or Mundra Port] to Felixstowe/London Gateway (UK) in April have remained somewhat firm at US$2,700 per 20-foot container, rates for 40-foot...

https://container-news.com/cn-analysis-freight-rate-erosion-on-indian-trades-continues-as-exporters-bet-on-trade-growth/

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