#ocean-freight-costs
(20 articles)Maersk Raises Freight Fees on China-East Africa Route
Maersk, the world's largest container shipping line, has announced a fee increase on freight shipments originating from China and destined for East African ports. This rate adjustment affects a critic
Shipping Firms Postpone Sapanggar Congestion Surcharge
Shipping carriers have postponed the implementation of a congestion surcharge at Sapanggar port in Malaysia, according to a statement from Ewon (likely the port authority or shipper's representative).
Ocean Freight Impact on Tariff Decisions: What Supply Chain Needs to Know
While tariff policy dominates supply chain conversations, the actual cost of ocean freight—often overlooked—can dwarf tariff impacts for many traded goods. This article highlights a critical blind spo
Gulf Shipping Disruption Driving Global Freight Costs Higher
The Gulf region is experiencing a shipping disruption that is cascading into higher transportation costs globally, according to industry representatives presenting to the World Trade Organization. Thi
Evergreen forecasts Q2 fuel spike amid Hormuz closure
Evergreen Marine Corporation has signaled to shareholders and customers that fuel costs will rise materially in Q2 2024 relative to Q1, driven by volatile oil prices tied to the continued closure of t
DoJ Indicts Four Chinese Container Makers for Global Price-Fixing
The U.S. Department of Justice has unsealed a major antitrust indictment against four Chinese shipping container manufacturers—CIMC, Shanghai Universal Logistics Equipment, CXIC Group Containers, and
Container Shipping 2026: Rates, Routes & Strategic Risk
Maritime Gateway's 2026 container shipping forecast provides supply chain professionals with essential intelligence on rate trajectories, emerging route patterns, and systemic risks that will shape oc
U.S. Produce Shippers Battle Rising Reefer and Ocean Freight Costs
U.S. produce shippers are navigating a challenging cost environment as both refrigerated container (reefer) rates and ocean freight charges remain elevated. This cost pressure affects the entire agric
Strait of Hormuz Closure Drives Manufacturers to Brace for Price Hikes
The potential closure of the Strait of Hormuz represents a critical threat to global supply chains and manufacturing operations. This strategic waterway, through which approximately 21% of the world's
West Africa Port Congestion Drives Shipping Surcharges
A major shipping carrier has announced new port congestion surcharges targeting cargo destined for West African ports, signaling escalating operational challenges in the region's port infrastructure.
Maersk to Pass Rising Oil Costs to Shipping Customers
Maersk, the world's largest container shipping company, has signaled its intention to pass elevated oil costs directly to customers through pricing adjustments and surcharges. This move reflects the c
Maersk Holds Guidance as Middle East Conflict Lifts Shipping Costs
Maersk, the world's largest container shipping line, has reaffirmed its full-year financial guidance despite mounting cost pressures stemming from Middle East geopolitical tensions. The conflict-drive
Hormuz Closure Accelerates Fuel Surcharge Adjustments for Shippers
The ongoing instability around the Strait of Hormuz is forcing ocean carriers to recalibrate how they apply fuel surcharges to shipments, shifting from traditional quarterly or semi-annual adjustments
Iran Tensions Drive Shipping Costs Higher, Pressuring Retail Prices
Geopolitical tensions involving Iran are creating immediate upward pressure on shipping costs for consumer goods, particularly groceries and retail items distributed through Gulf shipping corridors. T
Red Sea Attacks Disrupt Global Supply Chains Worse Than Pandemic
Red Sea attacks are creating unprecedented disruption to global shipping lanes, with maritime industry advisors now characterizing the impact as more severe than pandemic-era supply chain breakdowns.
Red Sea Shipping Disruptions Continue to Ripple Through Global Supply Chains
Maersk's latest commentary underscores that Red Sea shipping disruptions are not a short-term blip but rather a persistent structural challenge reshaping maritime logistics. The ongoing instability ha
Maersk Warns of Rising Seafood Shipping Costs and Delays
Maersk has issued a cautionary statement regarding seafood shipping, signaling that while current capacity remains intact, shippers should prepare for elevated costs and possible service delays in the
Shippers Challenge Carrier Fuel Surcharge Legitimacy
Shippers are increasingly skeptical of emergency bunker surcharges being levied by ocean carriers, with major retailers expressing doubt about the justification for additional charges appearing on inv
Iran Crisis Drives Fuel Costs Up, Shippers Reroute via Cape
Iran's escalating geopolitical tensions are creating immediate ripple effects across global maritime transport. Shippers are diverting vessels away from traditional Suez Canal routes to the Cape of Go
Shipping Rates Rise Amid Asian Export Recovery and Hormuz Tensions
Container shipping rates are rising as Asian exporters regain momentum following seasonal and cyclical recovery patterns. However, this positive demand signal is tempered by geopolitical uncertainty s