#ocean-freight-costs
(31 articles)CMA CGM Emergency Surcharge: Hormuz Tensions Spike Shipping Costs
CMA CGM, one of the world's largest container shipping lines, has announced an emergency surcharge in response to escalating geopolitical tensions in the Strait of Hormuz—a chokepoint through which ap
Maersk tariff hikes hit India exporters from August 1
Maersk is implementing two significant tariff changes on the India-Europe shipping corridor effective August 1, creating immediate cost pressures for Indian exporters. The announcement signals a tight
World Shipping Council Backs EU ETS Maritime Rules
The World Shipping Council's endorsement of EU ETS (Emissions Trading System) revisions signals industry recognition that regulatory carbon pricing is inevitable for maritime shipping. Rather than opp
Trump's 20% Hormuz Cargo Charge Threatens Global Shipping Costs
The Trump administration has proposed implementing a 20% charge on cargo transiting through the Strait of Hormuz, a critical chokepoint that handles approximately one-third of global seaborne trade. T
Vietnam-US Container Rates Hit $9,000 Peak Amid Supply Chain Pressure
Container freight rates on the Vietnam-US trade lane have surged to approximately $9,000 per container, marking a significant spike in transportation costs for one of Asia's most critical export corri
Maersk Fuel Surcharge Eases Amid 15-Year Storage Low
Maersk's easing of its Nordic fuel surcharge represents a temporary reprieve for shippers on a critical European trade lane, reflecting softer fuel costs in the near term. However, the article flags a
Hormuz Uncertainty Drives New Carrier Surcharges
Escalating geopolitical tensions around the Strait of Hormuz are prompting major ocean carriers to introduce additional surcharges on shipments transiting this critical chokepoint. The move reflects c
Lagos Port Congestion Drives Demurrage Costs to $1.22M
A significant backlog of vessels at Lagos anchorage is generating substantial demurrage costs, now reaching $1.22 million as ships remain unable to access berths or complete cargo operations efficient
Shippers Overpaying for Fuel: How to Negotiate Away Duplicate Charges
Following the escalation of the Iran conflict in February 2026, diesel fuel prices spiked 90% in three weeks, prompting ocean carriers to introduce Emergency Bunker Adjustment Factor (eBAF) surcharges
Port Congestion Pushes Intra-Asia Freight Rates Higher
Port congestion across intra-Asia trade lanes is creating sustained upward pressure on regional freight rates, marking a shift from the more stable rate environment that characterized recent years. Th
Suez Canal Authority Raises Transit Surcharges
The Suez Canal Authority has announced increases to transit surcharges, a development that carries significant implications for global ocean freight economics. This pricing action affects one of the w
Maersk Increases China-East Africa Shipping Surcharges
Maersk, the world's largest container shipping line, has announced increased surcharge costs for shipments on the China-East Africa trade lane. This move reflects ongoing pressures in the container sh
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
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