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Record Freight Rates and Capacity Scarcity Fuel a Mid-Summer Surge in Container Chartering

July 07, 2026 7591 Read More

While the shipping industry typically braces for a seasonal slowdown during the summer months, 2024 is proving to be a stark outlier. The container charter market is currently experiencing a period of

Double-Digit Surge: Container Spot Rates Rally as "Early Peak Season" Collides with Tighter Capacity

May 18, 2026 2532 Read More

The container shipping market is witnessing a sharp reversal of its recent cooling trend, as spot rates on major East-West trades posted significant double-digit gains this week. A combination of aggr

Bunker Surcharge Wave Lifts US-Bound Rates as Carriers Push for Cost Recovery

April 13, 2026 7966 Read More

Ocean carriers have successfully implemented emergency fuel surcharges on US-bound shipments this week, triggering sharp spot rate increases across transpacific and transatlantic trades—though indust

Hormuz Crisis Drives Insurance Costs to Unprecedented Levels as Claims Complexity Mounts

March 19, 2026 2833 Read More

Rising hostilities around the Strait of Hormuz have triggered an unprecedented surge in marine insurance costs and created extraordinary complexity in claims handling, according to industry experts, w

Africa Container Trade Surges: Carriers Boost Capacity on Rapidly Expanding Routes

December 19, 2025 6352 Read More

Global Shipping Market– Africa is emerging as a dominant force in global container trade, with carriers significantly boosting capacity to meet escalating import and export demands. Hailed as by far

Ocean Freight Spot Rates Plummet to Pre-Pandemic Levels, Carriers Under Pressure

October 28, 2025 4206 Read More

Copenhagen, Denmark- The global ocean freight market is experiencing a significant downturn, with spot rates sinking back to pre-pandemic levels, according to industry analysts. This sharp decline, co

Asia-Europe Freight Market Braces for Rate War Amidst Capacity Surge

September 18, 2025 6037 Read More

London, UK - The Asia-Europe shipping route is increasingly showing signs of a brewing freight rate war, as an influx of capacity threatens to push spot rates even lower, despite what appears to be a

Spot Rates Slide, but Forwarders Brace for "Hidden" Surcharges

July 28, 2025 7495 Read More

Container spot rates on both the transpacific and Asia–Europe corridors extended their losing streak this week, yet forwarders say the headline figures mask a new wave of carrier surcharges that coul

OOCL Defies Container Market Slump: Volumes Surge 6.8% as Competitors Retreat‌

July 15, 2025 6133 Read More

Orient Overseas Container Line (OOCL) has outperformed a struggling container shipping market, reporting robust Q2 2025 results that signal significant market share gains. The Cosco-owned carrier move

Container Lines Capitalize on Charter Market Surge Through Strategic Subleasing

July 11, 2025 2614 Read More

The container shipping industry is witnessing an unprecedented trend in 2025, where major carriers are actively sub-leasing chartered tonnage to capitalize on the firm charter market. According t

Asian Air Cargo Surge Hits Record Levels as US Deadlines Approach‌

June 30, 2025 6680 Read More

The transpacific air freight market is experiencing unprecedented demand surges as shippers race against two critical July deadlines. While ocean freight volumes dropped 18% year-over-year in Q2

US Tariff Pause Triggers Surge in Ocean Rates and Front-loading

May 23, 2025 9102 Read More

The temporary reduction of US tariffs on Chinese imports from 145% to 30% for 90 days has acted as a catalyst for businesses to accelerate shipping, leading to a surge in ocean rates. This situation h

Antwerp-Bruges Surpasses Rotterdam in Q1 Container Volume Amid US Tariff Concerns

April 28, 2025 3360 Read More

In a surprising turn of events, the Port of Antwerp-Bruges has overtaken the Port of Rotterdam in terms of container volume during the first quarter of 2025. Traditionally Europe's second busiest

OOCL's Profit Surge and Market Outlook

March 14, 2025 4638 Read More

Hong Kong-based Cosco subsidiary OOCL has reported a significant increase in profits for the past year, driven by elevated freight rates, according to the company's latest financial results.The ca

GT NEW VIP Member - Surefreight International Ltd, United Kingdom

January 15, 2025 5740 Read More

We are here to announce that Surefreight International Ltd joins as a GT VIP member in United Kingdom.

Container shortage starts to bite, adding to pressure on costs

January 17, 2024 7274 Read More

The predicted container shortages are beginning to bite amid the chaos thrown up in the Red Sea and a flurry of re-routi

Singapore Surpasses Three Billion Gross Tons for Annual Ship Arrivals

December 28, 2023 9059 Read More

The port of Singapore is highlighting its position as a top maritime center as it crossed in 2023 for the first time the

Carriers roll out peak season surcharges as capacity crunch looms

December 20, 2023 6005 Read More

Ocean carriers are imposing emergency peak season surcharges (PSSs) as global supply chains face weeks of disruption wit

GT NEW VIP Member-SUR AMERICA RUTAS INTERNACIONALES, S.A. join as GT Guatemala VIP member

November 01, 2023 9002 Read More

We here to announce that SUR AMERICA RUTAS INTERNACIONALES, S.A. join as GT Guatemala VIP member.

EU ETS surcharge could be €37 for each container, says CMA CGM

October 06, 2023 4541 Read More

In a customer advisory today, CMA CGM detailed the implications of passing on the cost of EU Emissions Trading System (E

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