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.
Golden Week transpacific blankings reach Covid-19 peak levels
The capacity reductions which have been already decided by the shipping lines amidst the upcoming Chinese Golden Week are at similar levels to the Covid-19 curtailments during the peak period of the virus in the second quarter.
Another big fire in the port of Beirut
Another big fire broke out in the port of Beirut, which experienced less than five weeks after the explosion left 200 people dead and thousands injured.
THE Alliance blanks sailings due to Golden Week, Covid-19 in October
Container shipping grouping THE Alliance will be blanking 25 services in October in response to the Chinese Golden Week and the ongoing impact of the Covid-19 pandemic.
The income gap between the trans-Pacific and Asia-Europe route is the highest in history
During what is arguably the strangest, most unpredictable period in the 64-year history of the container shipping industry, the difference in freight rates on the two main East-West main routes has reached historic highs.
CMA CGM forecasts growth in container shipping, especially on the trans-Pacific
CMA CGM has made a positive forecast of the continued growth of container shipping routes, especially on the trans-Pacific, despite a slow start to the Corona virus epidemic (Covid-19).
DB Schenker targets Damco customers: Shippers need not add uncertainty
DB Schenker put aside the good in the business and publicly targeted Damco's customers, after Maersk's decision to include the brands.
Why Maersk axed Safmarine and Damco — and what’s next
World’s largest container line reorganizes. Will its multibrand strategy survive?
Vietnam's export surplus in the first 8 months is nearly USD 12 billion
Merchandise exports in August prospered with an estimated turnover of USD 26.5 billion, up 6.5% over the previous month, bringing the eight-month accumulated export turnover to over USD 174 billion, up 1.6% compared to the previous month over the same period and brought the trade surplus to USD 11.9 billion.
Hamburg Sud restructured globally according to a new strategy of Maersk
Hamburg Süd is making changes in its organizational structure as parent company AP Moller - Maersk moves to foster integration of other independent brands and businesses into its logistics and shipping portfolio.
Maersk Integration sees culling of Safmarine and Damco brands
A.P. Møller - Maersk has announced the integration of Safmarine and DAMCO, aiming to further improve customer experience and end-to-end service delivery. Due to the strategic changes, the Safmarine and Damco brands will no longer be marketed by the end of 2020.
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