ContainerSignal Daily: US proposes extending China port fee pause
The US Trade Representative proposes extending the suspension of Section 301 port fees on China-linked ships to 9 January, as freight indexes split.
#surcharges
7 posts
freight-ratesblank-sailingsfaksurchargesmscmaerskasia-europetranspacificfleet-capacitydecarbonisation
ContainerSignal Daily: Carriers blank sailings ahead of FAK hikes
Carriers blanked eight sailings for next week against two this week and set FAK increases for 1 November, with spot rates up on all three east-west lanes.
suez-canalred-seagemini-cooperationmaerskhapag-lloydcapacityport-congestionfleet-capacitysurchargesregulation
ContainerSignal Daily: Gemini targets full Suez return by Q1
Gemini adds a Suez-routed Asia-Med string from 22 November and expects almost all services back through the Red Sea by Q1, adding effective capacity.
The transpacific premium is mostly a capacity decision
Asia-US East Coast spot rates are more than three times Asia-North Europe. The gap reflects blanked capacity and Red Sea routing more than a demand boom.
ContainerSignal Daily: Hormuz attacks widen as Iran keeps offer open
Iran says its seven-day Hormuz reopening offer still stands, while at least four container ships are hit and Gulf bookings remain suspended.
Asia-Europe rates fall a thirteenth week as transpacific eases
Drewry's World Container Index fell 2% to US$4,351 per 40ft in the week to 8 October, Asia-Europe's thirteenth weekly decline, as transpacific rates eased.
ContainerSignal Daily: Maersk lifts surcharges as spot rates slide
Drewry's World Container Index falls 1.87% as Asia-Europe rates decline a 13th week, while Maersk raises November charges on Red Sea and Durban trades.