
Carriers on India-US trade attempt higher rate hikes for December
CMA CGM has doubled the amount of a previously announced peak season surcharge (PSS) for December on shipments from India to the US East and

CMA CGM has doubled the amount of a previously announced peak season surcharge (PSS) for December on shipments from India to the US East and

Indeed, after the eye-watering slump in liner profitability in the third quarter and expected heavy losses in Q4, carriers are under intense pressure from shareholders

“The difficulty in our sector is that we have a number of container ships that will come into the market starting next year and that

It is confirmation that ocean carrier 1 November FAK (freight all kinds) GRIs (general rate increases), from Asia to Europe in particular, have run out

“New capacity expected on the market in 2024 will likely continue to pull down freight rates. The slowdown in the global economy is expected to

“I’m certainly concerned about the next 24-36 months because I think we are going to see a downturn,” Jansen said in an interview on Nov.

The global shipping industry has been grappling with a prolonged period of low freight demand throughout this year, and unfortunately, these challenging economic conditions are

To mitigate the impact of the Busy Season Charge, CONCOR has decided to pass on this charge to its export-import (EXIM) customers starting from November

Alongside soaring fuel prices resulting from war and Ukraine and Gaza, shortages of qualified seafarers and a move to more sustainable shipping practices have proved

CMA CGM has doubled the amount of a previously announced

Indeed, after the eye-watering slump in liner profitability in the

“The difficulty in our sector is that we have a

It is confirmation that ocean carrier 1 November FAK (freight

“New capacity expected on the market in 2024 will likely

“I’m certainly concerned about the next 24-36 months because I

The global shipping industry has been grappling with a prolonged

To mitigate the impact of the Busy Season Charge, CONCOR

Alongside soaring fuel prices resulting from war and Ukraine and