In August, various fees such as GRI, PSS, VAD, CGS,etc. will be charged for shipping! In order to increase the price, the shipping company is fighting!

There is still no sign of a fall in sea freight in August. And shipping companies began to continue to carry the flag of price increases by charging various surcharges!

GRI, comprehensive rate increase surcharge

Shipping companies that raised GRI in August include:

PSS, peak season surcharge

Hapag-Lloyd will add PSS to the China-Australia route from August 1st:

Container size 20’: USD 500 for all equipment types

Container size 40’: USD 1000 for all equipment types

CGS, port congestion charge

ZIM will collect CGS at U.S. ports from August 1st:

Matson will adjust the CGS of the US West Port from August 5th:

MSC will charge additional CGS to US and Canadian ports from September 1st:

USD 800/20’DV

USD 1000/40’DV

USD 1125/40’HC

USD 1266/45’

VAD, value added fee

Hapag-Lloyd will add VAD to China-North America routes from August 15th:

USD 4000 for all 20' container types

USD 5000 for all 40' container types

According to the freight rates of the eight major global routes released by Drewry on July 22:

The Shanghai-Rotterdam freight rate has exceeded 13,000 US dollars, a year-on-year increase of 623%;

The Shanghai-Genoa freight rate exceeds 12,000 US dollars, a year-on-year increase of 546%;

The Shanghai-Los Angeles freight rate has approached 10,000 US dollars, a year-on-year increase of 239%;

The Shanghai-New York freight rate exceeded 11,000 US dollars, a year-on-year increase of 244%.

Drewry World Container Index (updated on July 22)

According to Drewry’s prediction, freight rates will continue to rise in the next few weeks, but the rate of increase will slow down. If it can be shipped at this time, hurry up!

The US is currently taking action. The U.S. Federal Maritime Commission (FMC) plans to audit the top 9 container shipping companies operating in the U.S. market to find out whether they are using their market power to charge shippers excessive demurrage and port charges. Additional information will be provided to help regularly monitor the maritime service market.

The US Federal Maritime Commission (FMC) plans to audit the carrier.

FMC's audit objects include the top nine container companies: Maersk, Mediterranean Shipping, COSCO Shipping Lines, CMA CGM, Evergreen, Hapag-Lloyd, ONE, HMM and Yangming Shipping. Only ZIM among the top ten shipping companies survived.

Hoping this method can be useful.