General Rate Increase (GRI)

Sea freight rates take an unexpected tumble for October!

Asia-Europe market rates have taken an unexpected tumble for October, so it would be a good time to get your bookings in before they start rising again for November sailings. Some carriers are forecasting increases up to $900 per teu next month. Usually this time of year there is an increase in freight rates as […]

Sea freight rates take an unexpected tumble for October! Read More »

Rise in Asia-Europe box volumes expected Mid September

Shipping lines are expecting a surge in volumes on the Asia-Europe trade in the coming weeks, which will support attempts to increase prices on the trade in mid-September. The reason behind these expectations is the rush as Far East suppliers export goods from China ahead of the National Day holiday, which runs from October 1

Rise in Asia-Europe box volumes expected Mid September Read More »

Asia-Europe rate reductions!

Make the most of your Asia imports this month and enjoy the short term benefit which comes when the shipping lines enter a “rate war” meaning hefty price cutting in sea freight rates! We currently have fantastic offers on 20’/40’/40’HQ containers from all the major ports including, Shanghai, Ningbo, Xingang, Qingdao, Dalian & Ho Chi

Asia-Europe rate reductions! Read More »

Shipping Lines March 2013 Increase

The major carriers have announced Asia-Europe March GRIs (general rate increases) ranging between $600 and $775 per teu (per 20’container) to be implemented on 15 March. Why the increases? These increases tend to happen when the shipping lines remove a number of vessels from service. By removing vessels from service the carriers maximize space and

Shipping Lines March 2013 Increase Read More »

General Rate Increase (GRI) – sea freight rate increases explained

As from March 1st 2012 shipping lines offering Asia-Europe services will be increasing sea freight rates within this market by up to an astonishing 750usd per TEU, close to 100% increase. WHY? Shipping Lines are saying that with the current rates they are just covering the costs of their fuel, so they need to increase

General Rate Increase (GRI) – sea freight rate increases explained Read More »

Scroll to Top