*Maersk announces updated Far East FAK rates MSK announces an increase in FAK rates from Shanghai, Qingdao, Hong Kong to ports of Dakar, Apapa, and Luanda. Effective date: July 15, 2019 End date: Until further notice, but not exceeding July 31, 2019 Specific rate adjustments are as follows:

*Maersk raises FAK rates from Shanghai

Maersk announced an increase in FAK rates from Shanghai on July 15th.

Effective Date: July 15, 2019

End date: Until further notice, but not exceeding July 31, 2019

【 Summary 】 Rate increase, freight rate increase! Adjustment of rates for shipping companies such as MSK, CMA, APL, HPL, MSC, etc

*Maersk raises FAK rates from Far East to East Africa and Mediterranean

Maersk announced an increase in FAK rates from Qingdao, Ningbo, Nansha Kaohsiung to Mombasa and Dar es Salaam on July 17th.

Effective Date: July 15, 2019

End date: Until further notice, but not exceeding July 31, 2019

【 Summary 】 Rate increase, freight rate increase! Adjustment of rates for shipping companies such as MSK, CMA, APL, HPL, MSC, etc

Maersk announced an increase in FAK rates from Shanghai to Barcelona, Genoa, and Istanbul's Anbali port on July 16th.

Effective Date: July 16, 2019

End date: Until further notice, but not exceeding July 31, 2019

【 Summary 】 Rate increase, freight rate increase! Adjustment of rates for shipping companies such as MSK, CMA, APL, HPL, MSC, etc

Maersk levies war risk surcharge in the Middle East region

Due to the increased costs of Arab Persian Gulf shipping and logistics activities, Maersk is introducing Gulf Emergency Risk Surcharge (GRS) for all goods entering and leaving Saudi Arabia (Isthmus, i.e. Dammam and Jubail), Bahrain, Qatar, UAE, Kuwait, Iraq, and Oman (limited to Sohar and Muscat ports only). It will be implemented on July 10, 2019 (Non Regulated corridors) and August 1, 2019 (Regulated corridors) respectively.

Maersk levies China to Arabian Gulf emergency peak season surcharge PSS

Due to the unexpected and significant increase in key factors affecting shipping operating costs in the Arabian Persian Gulf recently, Maersk is imposing PSS on all goods entering and leaving the Arabian Persian Gulf worldwide.

For exports from China, this Danish company will introduce Emergency Peak Season Surcharge (PSS). The surcharge will apply to all goods exported from China to the Persian Gulf and will take effect on July 10th.

【 Summary 】 Rate increase, freight rate increase! MSK, CMA, APL, HPL, MSC and other shipping companies are adjusting their rates. CMA CGM has announced new rate adjustments. [Summary] The rates have been raised and the freight rates have increased! Adjustment of rates for shipping companies such as MSK, CMA, APL, HPL, MSC, etc

*CMA CGM adjusts GRR fees from Asia to Mozambique, Madagascar, Kenya, Tanzania, and South Africa

Effective Date: August 1, 2019 (Bill of Lading Date)

Port of departure: all Asian ports (China, Taiwan, China, South Korea, Japan, Southeast Asia)

Destination ports: Mozambique (all ports), Tamataf, Madagascar, Kenya, Tanzania, South Africa (all ports)

Goods: dry goods, miscellaneous goods, refrigerated goods

Fee standard: $200/TEU

Notice as follows:

【 Summary 】 Rate increase, freight rate increase! Adjustment of rates for shipping companies such as MSK, CMA, APL, HPL, MSC, etc

【 Summary 】 Rate increase, freight rate increase! Adjustment of rates for shipping companies such as MSK, CMA, APL, HPL, MSC, etc

【 Summary 】 Rate increase, freight rate increase! Adjustment of rates for shipping companies such as MSK, CMA, APL, HPL, MSC, etc

【 Summary 】 Rate increase, freight rate increase! Adjustment of rates for shipping companies such as MSK, CMA, APL, HPL, MSC, etc

*CMA CGM adjusts FAK fees from Asia to North Africa

The following are the new CMA CGM freight rates (FAK) applicable from July 15, 2019 (loading date at the port of origin in Asia) until further notice (but not exceeding July 31, 2019):

Port of origin: all basic ports in Asia

Destination ports: all basic ports in North Africa

Additional fees will be charged at all ports in Asia and North Africa

Application date: From July 15, 2019 (original port loading date) until further notice (but not exceeding July 31, 2019), the rates are as follows:

*CMA CGM adjusts FAK fees from Asia to the Mediterranean

The following are the new CMA CGM freight rates (FAK) applicable from July 15, 2019 (loading date at the port of origin in Asia) until further notice (not exceeding July 31, 2019):

Port of origin: all basic ports in Asia

Destination ports: all Mediterranean basic ports

Additional fees will be charged at all ports in Asia and North Africa

Application date: From July 15, 2019 (original port loading date) to further notice (but not exceeding July 31, 2019)

The rates are as follows:

【 Summary 】 Rate increase, freight rate increase! Adjustment of rates for shipping companies such as MSK, CMA, APL, HPL, MSC, etc

*CMA CGM announces adjustment of FAK rates from Asia to Northern Europe

The new rate will take effect from July 15, 2019 (original port loading date) until further notice (but not exceeding June 15, 2019).

Port of origin: all ports in Asia (including Japan, Southeast Asia, and Bangladesh)

Destination ports: to all Nordic ports (including the full range from the UK and Portugal to Finland/Estonia)

Dry cargo, OOG, Paying empties and Reefer cargo

【 Summary 】 Rate increase, freight rate increase! Adjustment of rates for shipping companies such as MSK, CMA, APL, HPL, MSC, etc

*CMA CGM announces collection of GRR from Asia

In order to continue striving to provide reliable and efficient services to customers, CMA CGM has notified customers to announce the imposition of GRR fees in some countries and regions from Asia to Africa.

Effective Date (Bill of Lading Date): August 1, 2019

From: Asia includes China, Taiwan, South Korea, Japan and Southeast Asia

To: Kenya and Tanzania, South Africa (all ports), Mozambique (all ports), Tamataf, Madagascar.

Cost standard: $200 per container

For all dry goods, refrigerated goods, and miscellaneous items

*CMA CGM announces the imposition of war risk surcharges in the Middle East region

Considering the recent events in the Strait of Hormuz and the significant increase in insurance costs in the Middle East Gulf region, CMA CGM will implement war risk surcharges as follows:

Effective from July 5, 2019 (bill of lading date), except for the United States and China (effective from August 1, 2019):

From/To: Oman, United Arab Emirates, Qatar, Bahrain, Saudi Arabia (Dammam+Jubail), Kuwait, Iraq (*)

Levy $36/TEU on all goods

【 Summary 】 Rate increase, freight rate increase! Adjustment of rates for shipping companies such as MSK, CMA, APL, HPL, MSC, etc

CMA CGM imposes overweight surcharge on Bangladesh

CMA CGM announced that due to tonnage restrictions at Chittagong Port in Bangladesh, all 20 'containers with a gross weight exceeding 14 tons (including tare weight) will be subject to an overweight surcharge. Details are as follows:

From July 1, 2019 to the end of August 2019 (excluding the United States, Brazil, Argentina, Uruguay, and Paraguay):

To: Chittagong, Bangladesh

Goods: 20 'container

Amount: $150 gross weight (including tare weight) per 20 foot container exceeding 14 tons

Payment method: prepayment

【 Summary 】 Rate increase, freight rate increase! MSK, CMA, APL, HPL, MSC and other shipping companies have adjusted their rates, APL has adjusted their fees, and route planning has been adjusted. [Summary] The rates have increased, and freight rates have risen! Adjustment of rates for shipping companies such as MSK, CMA, APL, HPL, MSC, etc

APL will impose a dangerous goods surcharge from Asia to the United States and Canada

Starting from August 3, 2019, APL will impose a dangerous goods surcharge within the following service scope:

Port of origin: all over Asia

Destination ports: Canada and the United States (excluding Guam, Puerto Rico, and the US Virgin Islands)

The above rules only apply to dry cargo on the trans Pacific eastbound route.

Unless otherwise specified, the surcharge for dangerous goods shall be applicable to the dangerous goods (ocean) freight rate or contract price. Any goods designated as dangerous goods or dangerous goods, regardless of whether their name is clear or not, and regardless of their nature or compliance with dangerous goods standards, shall be subject to a dangerous goods surcharge. All bookings must be approved by the operations department.

*APL will impose peak season surcharges in the United States and Canada

Starting from July 15, 2019, APL will impose Peak Season Surcharge (PSS) on the following service areas:

Port of origin: Asia (excluding Japan), Australia, New Zealand, East Africa

Destination ports: Canada and the United States (excluding Guam, Hawaii, the Mariana Islands, Puerto Rico, and the Virgin Islands)

【 Summary 】 Rate increase, freight rate increase! Adjustment of rates for shipping companies such as MSK, CMA, APL, HPL, MSC, etc

*APL will adjust FAK rates from Asia to Northern Europe

APL will implement FAK rate standards for the following container types from July 15, 2019, within the scope of the following services, until further notice.

【 Summary 】 Rate increase, freight rate increase! Adjustment of rates for shipping companies such as MSK, CMA, APL, HPL, MSC, etc

*APL adjusts GRI fees for Oceania

APL announced an adjustment to DRI fees in Oceania, effective from August 1, 2019, based on the sailing/boarding date, applicable to all dry and refrigerated containers. The details are as follows:

Port of departure: Japan, South Korea, Hong Kong, Taiwan, China, China

Destination Port: Australia

Cost: $300/TEU, $600/FEU

【 Summary 】 Rate increase, freight rate increase! MSK, CMA, APL, HPL, MSC and other shipping companies are adjusting their rates. The Asian to Red Sea, India Pakistan and Pan Pacific markets have recently suspended and adjusted their plans

The suspension and adjustment plan for Asia to the Red Sea, Indian subcontinent, and Pan Pacific markets in June and July is as follows: Asia Red Sea July Suspension Plan [Summary] Rate increase, freight rate increase! MSK, CMA, APL, HPL, MSC and other shipping companies will adjust their rates. APL will implement the following "air freight" plan in the Asia Middle East market in August. [Summary] The rates will increase and the freight rates will rise! Adjustment of rates for shipping companies such as MSK, CMA, APL, HPL, MSC, etc

Hapag Lloyd's various rate adjustments [Summary] Rate increases, freight rates rise! Adjustment of rates for shipping companies such as MSK, CMA, APL, HPL, MSC, etc

Hapag Lloyd adjusts FAK rates from East Asia

Starting from August 1, 2019, Hapag Lloyd will increase the rates for all goods and container types from East Asia to Mexico, Central America, the West Coast of South America, the Caribbean, and Panama as follows:

USD 1500 per Container

Hapag Lloyd adjusts FAK rates from East Asia to the east coast of South America

Starting from July 15, 2019, Hapag Lloyd will increase the rates for all goods and container types from East Asia to the east coast of South America as follows:

USD 600 per Container

【 Summary 】 Rate increase, freight rate increase! Adjustment of rates for shipping companies such as MSK, CMA, APL, HPL, MSC, etc

Hapag Lloyd adjusts FAK rates from Northeast Asia to Australia

Starting from August 1, 2019, Hapag Lloyd will increase the rates for all goods and container types from Northeast Asia to Australia as follows:

USD 300 per Container

【 Summary 】 Rate increase, freight rate increase! Adjustment of rates for shipping companies such as MSK, CMA, APL, HPL, MSC, etc

Hapag Lloyd adjusts GRI rates from East Asia to the United States and Canada

Starting from August 1, 2019, Haber Lloyd will implement the following GRI rates on all routes from East Asia to the United States and Canada.

This general rate increase applies to all dry containers, refrigerated containers, non-commercial refrigerated containers, storage tanks, flatbed and open top containers listed below:

East Asia to North America (United States and Canada)

$560 per 20 'container

$700 per 40 'container

Hapag Lloyd levies war risk surcharge in the Middle East region

Due to recent maritime incidents in the Strait of Hormuz, Hapago Lloyd's business expenses in the Middle East Gulf region have also increased. Therefore, German shipping companies will implement a Ship Risk Surcharge (VRS) starting from July 15, 2019, with the following specific details:

Applicable to goods traveling between the Arabian Gulf (Bahrain, Iraq, Kuwait, Oman, Qatar, ports in eastern provinces of Saudi Arabia such as Dammam and Jubail, and the United Arab Emirates) *

42 USD per TEU

The surcharge for goods from China will take effect from August 1, 2019.

The implementation date for goods related to FMC traveling between the United States and Canada will be announced later.

*Depending on the risk situation, additional countries may be added and consideration may be given to increasing or decreasing the aforementioned surcharges.

【 Summary 】 Rate increase, freight rate increase! MSK, CMA, APL, HPL, MSC and other shipping companies have adjusted their rates, and UAE Shipping has imposed a war risk surcharge. [Summary] The rates have been raised, and freight rates have increased! Adjustment of rates for shipping companies such as MSK, CMA, APL, HPL, MSC, etc

UAE Shipping imposes Middle East War Risk Surcharge (WRS)

Based on recent maritime accidents in the Gulf region, ship insurers have decided to include war risk in their insurance premiums to address the increasing risks in the area. Therefore, in order to continue providing uninterrupted services in the Middle East, Emirates Shipping must recover relevant fees from shippers in a short period of time.

For all goods in the Middle East region, a war risk surcharge will be levied based on the following fixed charges:

Scope: All goods, round-trip to/through the Middle East region (excluding exports from China)

Quota: 52 USD/TEU

Effective date: July 7th, 2019 (departure date)

Payment deadline: To be paid by the freight payer. [Summary] Rate increase, freight rate increase! MSK, CMA, APL, HPL, MSC and other shipping companies have adjusted their rates and imposed war risk surcharges on Mediterranean shipping. [Summary] The rates have increased and freight rates have risen! Adjustment of rates for shipping companies such as MSK, CMA, APL, HPL, MSC, etc

*Mediterranean Shipping announces imposition of war risk surcharge in the Middle East region

Given the tense situation in the Middle East, Mediterranean Shipping Company is imposing war risk surcharges on all goods entering and leaving the Arabian Gulf (Bahrain, Iraq, Kuwait, Oman, Qatar, Saudi Arabia: Dammam, Jubail).

Starting from July 8, 2019, a war risk surcharge of $40/TEU will be levied on all trade routes (excluding the United States and China), while China and the United States will be charged an additional $40/TEU starting from August 1, 2019 (bill of lading date); The above-mentioned fees shall be borne by the freight payer.

【 Summary 】 Rate increase, freight rate increase! Adjustment of rates for shipping companies such as MSK, CMA, APL, HPL, MSC, etc

【 Summary 】 Rate increase, freight rate increase! Adjustment of rates for shipping companies such as MSK, CMA, APL, HPL, MSC, etc

The Shanghai Container Freight Index (SCFI) released by the Shanghai Shipping Exchange on July 5th fell 0.5% from last week's 818.97 to 815.01 points, indicating a decline in China's container transportation exports.

【 Summary 】 Rate increase, freight rate increase! On July 4, 2019, Drewry updated the World Container Freight Index, which showed that the composite index of container freight rates for eight major shipping routes from the United States, Europe, and Asia fell 1.4% to $1372.11 per 40 foot container (updated on July 4, 2019). The spot freight trend of the World Container Freight Index in the past two years: