Hapag-Lloyd to apply congestion surcharge at port of Mersin July 15, 2023

Hapag-Lloyd to apply congestion surcharge at port of Mersin July 15, 2023

Hapag Lloyd has announced it will implement a congestion surcharge (CGD) for containers bound for the port of Mersin in Türkiye.The surcharge will be US$150 per TEU and US$300 per FEU for dry and reefer containers.Hapag-Lloyd said the surcharge will be effective from 17 July for containers with the following...See more
Air cargo market still weakening while players search for optimism

Air cargo market still weakening while players search for optimism

News that airlines are starting to park some freighters due to weak demand has been underlined by rate data showing further falls – and any hopes that a long port strike in Canada may boost demand have been dashed.Volumes and rates dropped again at the start of July: week 27, to...See more
Carriers doing more for less, as lower freight rates take their toll

Carriers doing more for less, as lower freight rates take their toll

Global container freight rates are still – marginally – exceeding pre-pandemic levels, according to Drewry’s latest assessment (although costs have risen).Drewry’s World Container Index (WCI) composite index points to a marginal, 0.9%, increase in the past week, reaching $1,488 per 40ft container (feu). However prices were drastically lower year on...See more
Asia-US container exports continue to decline

Asia-US container exports continue to decline

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