MSC increases December 2026 FAK rates on Far East–Mediterranean and Black Sea trades
13-11-2026
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.
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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.
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Hapag-Lloyd Imposes US$400/TEU PSS on Cargo from Asia and Oceania to Tema
05-11-2026
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.
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Kuehne+Nagel Port Operations Update: Vessel Waiting Times in Ningbo and Shanghai Exceed Two Days
04-11-2026
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%.
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BIMCO Releases Contract Addendum Establishing Framework for Sharing Costs and Benefits of Fuel-Saving Retrofits
03-11-2026
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.
International Shipping and Logistics Market Update Week 26/2026 | Phaata
30-06-2026
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 26 (from Jun 22 - Jun 28), 2026.
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CMA CGM Megaship Successfully Transits the Strait of Hormuz as IMO Suspends Evacuation Operation
29-06-2026
A CMA CGM ultra-large container vessel has successfully transited the Strait of Hormuz while the International Maritime Organization (IMO) continues to suspend its vessel and crew evacuation operation. The development suggests that commercial shipping activity has begun to resume, although maritime security risks in the region remain significant.
Port of Long Beach Invests $58.2 Million to Expand Zero-Emission Cargo Handling Fleet
27-06-2026
The Port of Long Beach has approved a US$58.2 million investment to expand its fleet of zero-emission cargo handling equipment, marking another significant step toward its long-term vision of becoming a zero-emission seaport.
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Evergreen Container Ship Attacked: IMO Suspends Emergency Evacuation Operation in the Strait of Hormuz
26-06-2026
An Evergreen container ship was struck by a drone shortly after transiting the Strait of Hormuz, prompting the International Maritime Organization (IMO) to suspend its emergency vessel evacuation operation and raising fresh concerns over the prospects for restoring normal maritime traffic through one of the world's most strategic shipping lanes.
Strait of Hormuz Gradually Resumes Operations: Positive Signals Amid Regulatory Disputes
26-06-2026
Vessel traffic through the Strait of Hormuz is gradually recovering after months of disruption. However, ongoing disputes over routing mechanisms and maritime traffic management between Iran and international bodies continue to challenge the normalization of shipping in the region.
IMO Launches Plan to Evacuate Over 11,000 Seafarers Stranded in the Strait of Hormuz
25-06-2026
Following a ceasefire agreement between the US and Iran, the International Maritime Organization (IMO) has announced a plan to evacuate more than 11,000 seafarers currently stranded in the Strait of Hormuz region, while supporting the restoration of maritime security and global trade flows.
Northwest Seaport Alliance (NWSA): Import and Export Volumes Simultaneously Rally in May
25-06-2026
Inbound and outbound container volumes through the NWSA port system recorded a positive recovery in May. Although cumulative year-to-date throughput remains under downward pressure, the breakbulk segment and the schedule reliability of ocean carrier alliances continue to stand out as notable bright spots.
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Container Shipping Resilience: A Deeper Look Behind Faster Recovery Times
24-06-2026
Recent data suggests that the container shipping industry is recovering more quickly from major disruptions than in the past. However, industry experts argue that this resilience is largely the result of carriers proactively adjusting operating strategies and maintaining spare capacity, while global supply chains continue to face significant structural pressures.
US–Iran 'Hotline' Established for the Strait of Hormuz: Diplomatic Progress Meets Maritime Challenges
23-06-2026
The United States and Iran have established a direct communication channel aimed at reducing the risk of escalation in the Strait of Hormuz. However, despite positive diplomatic developments, maritime operations through this critical shipping corridor continue to face significant challenges related to security, insurance, and operational procedures.
Port of Melbourne Reports Positive Container Throughput Growth in May
23-06-2026
Container throughput at the Port of Melbourne reached 300,000 TEUs in May 2026, up 2.4% year-on-year. The growth was supported by stronger import and export volumes, as well as a notable increase in transshipment traffic.
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