Port activity
Carriers Raise Panama Canal Surcharges as Gatun Lake Falls
Falling water levels at Gatun Lake have brought stricter draft restrictions, and CMA CGM, Hapag-Lloyd and MSC have all announced significant Panama Canal surcharges.
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Industry
Drewry container index jumps 9% on transpacific and Asia-Europe gains
Drewry's World Container Index rose 9% to $4,530 per 40ft box as transpacific and Asia-Europe rates jumped on tight capacity.
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Industry
Shippers may have overpaid fuel surcharges on transpacific route
Shippers on the Far East to US West Coast route may have paid up to $475 per teu more than actual fuel costs in April and May, according to new analysis.
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