MSC increases December 2026 FAK rates on Far East–Mediterranean and Black Sea trades
Effective December 1, 2026, MSC will increase its Freight All Kinds (FAK) rates from the Far East to the Mediterranean, North Africa and Black Sea, with rates reaching as high as USD 8,200 per 40-foot container. Rates to Northern Europe will remain unchanged.
CMA CGM Announces New Peak Season Surcharges on Services from Asia to the Mediterranean and Mauritius
CMA CGM will introduce new Peak Season Surcharges (PSS) from November 2026, reaching up to US$1,600 per 40-foot container on services to the Mediterranean and North Africa, alongside revised charges for shipments to Mauritius.
COSCO Shipping Energy Plans 24-Vessel VLCC Fleet Expansion
COSCO Shipping Energy has unveiled a major fleet expansion program comprising 24 Very Large Crude Carriers (VLCCs), split between 10 direct newbuilding orders valued at $1.42 billion and 14 long-term bareboat charters, with deliveries scheduled across 2029–2030.
Evergreen's EVER EON Transits Suez Canal, Marking Return After Nearly Three Years of Disruption
Evergreen's 16,556-TEU container ship EVER EON transited the Suez Canal on November 8, 2026, marking the carrier's return to the key maritime route after nearly three years of disruption caused by the Red Sea crisis.
International Shipping and Logistics Market Update Week 45/2026 | Phaata
The international logistics marketplace platform Phaata provides an update on the international container shipping and logistics market for routes from Asia to North America, Europe, and more for Week 45 (from Nov 02 - Nov 08), 2026.
MSC Extends PRS and SCS Coverage to All Mediterranean and Black Sea Ports
MSC will extend the application of its PRS and SCS surcharges to cargo moving from Asia to the remaining ports across the Mediterranean and Black Sea, effective November 15, 2026, based on the proforma sailing date, until further notice.
Hapag-Lloyd Imposes US$400/TEU PSS on Cargo from Asia and Oceania to Tema
Hapag-Lloyd will apply a USD 400/TEU PSS to all container types from Asia and Oceania to Tema for cargo loaded from 6 November 2026.
Kuehne+Nagel Port Operations Update: Vessel Waiting Times in Ningbo and Shanghai Exceed Two Days
Kuehne+Nagel's port operations update for October 27–November 3, 2026, reports vessel waiting times of more than two days in Ningbo and Shanghai following typhoon-related disruptions, while yard utilization at Vung Tau remains elevated at 90–95%.
BIMCO Releases Contract Addendum Establishing Framework for Sharing Costs and Benefits of Fuel-Saving Retrofits
A new BIMCO contract addendum adopted in October 2026 establishes a standardized contractual mechanism enabling shipowners and charterers to equitably apportion capital expenditures and commercial gains arising from energy efficiency retrofits.
Maersk Revises Emergency Contingency Surcharge (ECS) for Shipments via Oman and UAE Transshipment Hubs
Effective 1 August 2026, Maersk will revise its Emergency Contingency Surcharge (ECS) for export cargo moving through its transshipment hubs in Oman and the UAE to multiple global destinations, with charges of up to USD 7,700 per container.
ONE Adjusts Emergency Fuel Surcharge Across Its Global Network
Effective 15 August 2026, Ocean Network Express (ONE) will revise its Emergency Fuel Surcharge (EFS) across its global shipping network, applying the surcharge to both dry and refrigerated containers.
Houthis Threaten to Target Vessels Calling at Saudi Ports, Escalating Supply Chain Risks
Yemen's Houthi movement has issued a direct warning to commercial shipping lines, ordering them not to load or discharge cargo at Saudi Arabian ports and threatening to attack vessels that fail to comply. The move has significantly heightened risks to energy supply chains and maritime operations in the Red Sea.
International Shipping and Logistics Market Update Week 29/2026 | Phaata
The international logistics marketplace platform Phaata provides an update on the international container shipping and logistics market for routes from Asia to North America, Europe, and more for Week 29 (from Jul 13 - Jul 19), 2026.
COSCO Shipping Bulk Orders Four Newcastlemax Bulk Carriers at CSSC Qingdao Beihai
COSCO Shipping Bulk has continued to expand its fleet by ordering four 210,000 DWT Newcastlemax bulk carriers from CSSC Qingdao Beihai Shipbuilding, strengthening its dry bulk transportation capacity while preparing for the industry's transition toward greener marine fuels.
MSC Restructures Transatlantic Network, Suspends NEUSEC2 Service
MSC is continuing to reshape its transatlantic network by suspending the NEUSEC2 service and integrating several port calls into the EcuadorNWC-USA service, aiming to optimize vessel deployment and improve operational efficiency.
MSC Introduces Peak Season Surcharge (PSS) for North Europe–North America Trade
Effective 15 August 2026, Mediterranean Shipping Company (MSC) will implement a Peak Season Surcharge (PSS) on cargo shipped from Northern Europe to the United States, Puerto Rico, and the Bahamas, with charges of up to USD 1,200 per container.
COSCO SHIPPING Launches CHX3 Service to Strengthen Peru–Costa Rica Connectivity
COSCO SHIPPING Lines has officially launched its weekly CHX3 service, providing a direct connection between Peru and Costa Rica. The new service is expected to enhance cold chain logistics efficiency and shorten transit times for cargo bound for Asian markets.
Commercial Vessel Traffic Through the Strait of Hormuz Falls to Its Lowest Level Since May
Commercial shipping activity through the Strait of Hormuz has dropped to its lowest level since May as tensions between the United States and Iran continue to escalate. Fresh attacks and the growing risk of a maritime blockade are raising new concerns over the security of global energy supply chains.
Maersk Introduces Low Water Surcharge (LWC) on Europe–Canada Trade
Effective August 1, 2026, Maersk will introduce a Low Water Surcharge (LWC) on shipments from Europe to Montreal and Halifax, Canada, with charges of up to US$300 per container.
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