• OOCL upgrades Transpacific Latin Atlantic 1/ 2 (TLA1/ 2) service

    https://www.oocl.com Transpacific Latin Atlantic 1/ 2 (TLA1/ 2) TLA1/ 2 will provide direct connection between Asia and Brazil / River Plate, offering competitive service and scheduling options for your shipments. With an attractive transit time of 26 days only from China to Brazil, the loops provide customer with competitive and reliable shipment options. To cater…


  • FAK Rates – From Asia to North Europe

    https://www.cma-cgm.com Please find the new applicable CMA CGM Freight All Kinds (FAK) rates (*) as follows as from April 15th, 2024 (loading date) until further notice: 20’GP 40’GP/40’HC/40’REEFER Asia to North Europe USD 2,200 USD 4,000 Base port to base port rates. Out-ports are subject to usual TAO/TAD.  These new FAK rates will apply as follows:  – Origin…


  • End of Red Sea crisis to reignite container shipping challenges

    https://container-news.com Clarksons’ latest container shipping report said that weak “underlying” supply-demand fundamentals will materialise once the Red Sea disruption regresses. Boxship fleet growth is estimated at 9% this year, outpacing demand growth of approximately 4%. In the second half of 2024, assuming that the Red Sea crisis has been resolved, the challenges seen after the Covid-19-fuelled…


  • Peak Season Surcharge (PSS) & Congestion Fee Destination (CFD) scope: Far East Asia to South Africa

    25 March 2024 In order to keep providing you with our global services, Maersk is expiring the Peak Season Surcharge (PSS) for the scope Far East Asia countries to South Africa with the expiry date as on 31st-Mar-24 and revising the Congestion Fee Destination (CFD) for the scope Far East Asia Countries to South Africa…


  • SCA introduces new Suez Canal mooring regulations and costs

    March 18, 2024 https://container-news.com/ The Suez Canal Authority (SCA) has announced new Circular No. 1-2024 about regulations and costs of mooring boats, mooring services, and lights during vessels’ transit through the artificial sea-level waterway in Egypt. Effective from 1 May, the mooring service will be shore-based, with mooring boats distributed along the canal. Only 30% of…


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