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 of a Peak Season Surcharge, effective from 1 February 2025, for shipments from the South America West Coast to North Europe, including Scandinavia, Poland, and the Baltic region. For shipments originating from Ecuador and Colombia, the surcharge will start on 20 February 2025. The surcharge will be US$300 per dry container.

Additiona...

https://container-news.com/cma-cgm-raises-rates-for-northern-europe-and-mediterranean-shipments/

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, Japan, Cambodia, Laos, Myanmar, Malaysia, the Philippines, Singapore, and Thailand to India’s ports of Jawaharlal Nehru, Mundra and Pipavav to Pakistan.

This revision applies to all 20′, 40′, and 45′ dry containers, effective from 21 January 2025.

The updated tariff levels are as follows:

Surcharge Code Origin Destination Container ...

https://container-news.com/maersk-announces-updated-surcharges-from-far-east-to-india-and-pakistan/

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 are detailed as follows:

Origin Destination ALL 20 ALL 40 ALL 45

Argentina/ Bahrain/ Bangladesh/ Belgium/ Brazil/ Bulgaria/ Canada/ Chile/ Colombia/ Croatia/ Czech Republic/ Denmark/ Egypt/ Estonia/ France/ Germany/ Greece/ Honduras/ Hungary/ India/ Ireland/ Israel/ Italy/ Jordan/ Latvia/ Lebanon/ Lithuania/ Malta/ Mexico/...

https://container-news.com/maersk-revises-gambia-peak-season-surcharge/

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.

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https://container-news.com/rapid-rate-declines-expected-in-february/

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 China, to the East Coast of South America.

These changes will take effect starting 20 January 2025. The revised tariff levels will be as follows:

Origin Destination Effective Date All 20 dry All 40 dry 45HDRY

Brunei, China, Hong Kong, Indonesia, Japan, Cambodia, South Korea, Laos, Myanmar (Burma), Malaysia, Philippines, Singapore, Thailand,...

https://container-news.com/maersk-revises-peak-season-surcharge-from-far-east-to-east-coast-of-south-america/

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 will be effective from 16 January for all reefer containers for the commodity group CHILLED – MEAT and FROZEN – MEAT only for non-shipper owned containers.

Origin Port of Load Destination New Tariff
Aligarh, India
Gautam Budhh Nagar, India
Greater Noida, India
Sahibabad, India
Panki, India
Noida, India
Gurgaon, Haryana, India

https://container-news.com/maersk-revises-reefer-surcharge-from-india-to-iraq/

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 off – with ocean container freight rate growth now expected to slow or fall.

The strikes were set to begin on 15 January and would have forced the closure of ports from Maine to Texas. This has now been averted after a tentative agreement over a new six-year master contract was reached between the International Longshoremen’s Association (ILA), which represents port...

https://container-news.com/ocean-container-shipping-rates-may-fall-after-usec-deal/

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 its footing in 2024, gaining increasing acceptance as a hedging tool among Chinese as well as some first European forwarders and shippers.

Shanghai container freight futures started 2024 at around 1,850 index points. One volatile year later, it looks like the market is back to square one, with market participants asking the same question as last...

https://container-news.com/shanghai-container-freight-futures-point-to-declining-rates-in-2025/

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 the previous week.

According to the Japan International Freight Forwarders Association (JIFFA), the rise was driven primarily by higher spot rates for container exports from Busan, particularly on the US trade lanes.

On the main routes, the KCCI surged 13.44% to 5,429 points for the US West Coast and 9.13% to 6,467 points for the US...

https://container-news.com/kobc-container-composite-index-jumps-busan-us-spot-rates-surge/

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 Swiss/Italian ocean carrier has announced the following increase in the Emergency Operation Surcharge (EOS) from North Europe, including the United Kingdom and Scanbaltic region to the United States, Puerto Rico and Bahamas, from 27 January until further notice.

MSC’s EOS will be charged as follows:

New AmountFormer Amount
20 DV40...

https://container-news.com/msc-emergency-operation-surcharge-north-europe-america/

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