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.
Carriers use digital technology to limit the opportunities of freight forwarding companies
Container shipping lines are using their online platforms to move shippers away from freight forwarding companies and shift them to direct relationships with the carrier, according to freight forwarding sources in Europe and India.
Up to one-third of cargo volume is delayed in transit hubs: Ocean Insights
Volume of delayed freight at major container transshipment centers remained high in September and is expected to continue into the fourth quarter as carriers grapple with supply chain disruptions, according to Ocean Insights.
Long-term container freight rates increase on major routes
According to Bimco, after a while short-term container freight rates hit record highs on many main routes, long-term freight rates also tend to increase.
Shipper anger as THE Alliance adjusts November schedules on higher rates
Confidence is being "eroded" and the relationship between the shipping lines and their customers is becoming increasingly strained according to the European Shippers' Council (ESC) as lines announce more vessel cancellations and rising rates.
Far East-Australia demand pushes rates to levels not seen for a decade
Container freight rates from East Asia to Australia have reached a 10-year high, rising to over US$1,648/TEU as of 9 October 2020, according to the Shanghai Containerized Freight Index.
Maersk kicks off air freight services
Maersk has expanded its product portfolio to air freight with the first of the multiple chartered airplanes moved cargoes for a tyre manufacturer from Thailand to Japan on 11 October.
Maersk Line expects solid Q4 amid job cuts and soaring income
Initial third quarter results show that A.P. Moller - Maersk has boosted its revenue while volumes fell 3% on last year’s figures with the fourth quarter expected to see a strong performance, with some uncertainties for 2021.
CMA CGM regains online systems control after two weeks
CMA CGM Group has confirmed it has restored all the applications and main functionalities of its e-commerce websites, such as bookings, tracking, route finder, Myprices, and invoices.
FMC considers changing service contract filing requirements
The U.S. Federal Maritime Commission (FMC) announced that will consider a change to regulations that would allow initial service contracts to be filed at the agency up to 30 days after the agreement’s effective date.
CMA CGM still struggling to recover from ransomware attack
CMA CGM has not regained full control of its online functions almost two weeks after the announcement of a cyber attack with eCommerce websites for CMA CGM and subsidiaries APL, ANL and CNC shut down since 28 September, and are still unavailable.
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