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.
Top 10 Vietnam's export markets for textile, garment, leather and shoes in the first 7 months of 2020
China, Cambodia, Indonesia and Japan are Vietnam's export markets for textile, garment, leather and footwear materials and accessories with a turnover of over USD 10 million in July.
Shrimp exports of Vietnam to the US increased by 33% in the first 7 months of the year
According to the Association of Seafood Exporters and Producers (VASEP) of Vietnam, in July, Vietnam's shrimp exports reached USD 388.5 million, an increase of 16.3% compared to July 2019. In the first 7 months of this year, shrimp exports reached USD 1.9 billion, up 7.7% over the same period last year.
Competition in the intra-Asia region intensified as shipping lines deploy more services in Southeast Asia
An additional sign of intra-Asia container shipping growth is Korea's Incheon Port has new connections with Southeast Asia, through the launch of new services providing regional connections.
Container lines learning to make money in adversity
The second quarter financial reporting season is in full swing and container lines results rather than being the expected bloodbath with statements full of red ink are in general actually more profitable than they were a year ago.
OOCL proceeds to order many mega-vessels despite the pandemic challenges
Orient Overseas Container Line (OOCL) has announced it will follow its long-term plans and will process with its March order of five 23,000TEU container ships, despite the Covid-19 crisis.
International air freight volumes increase monthly
The volume of international air freight continues to increase monthly as leading courier operators seek to gain market share and increase profits.
Despite COVID-19, Vietnam still maintains stable market share of rubber exports to the US
Vietnam is the 14th largest rubber supplier to the US, the export volume in the first 6 months of 2020 reached 13,600 tons, worth USD 20.42 million, down 11.7% in volume, but up 2.8%. in value over the same period in 2019.
HMM expects trans-Pacific container shipping prices to remain high in the short term
Shipping line HMM said container shipping rates on the trans-Pacific service will remain high in the short term but prospects are obscured by Covid-19 and geopolitical tensions.
Maersk concerns about Covid's recurrence as a drop in output affected the second quarter's sales
According to Maersk, the improvement in output in the third quarter could not be based on uncertainty as to whether a Covid-19 recurrence, triggered a second wave and led to another drop in demand, the Danish giant said in its second quarter interim report.
TOP 50 container ports in the world in 2019 (JOC): Asian ports grow fastest
Continued growth in global trade volumes in 2019 pushed the total container throughput of the 50 busiest cargo ports in the world up 3.5 percent year over year to more than half a billion TEU, according to the JOC Top 50 Global Container Ports 2019 rankings.
Featured News
- Hapag-Lloyd applies Peak Season Surcharge from East Asia to USA and Canada
- The world\'s largest container ships MSC Irina and MSC Loreto floated
- Top 10 export and import goods between Vietnam - Philippines in the first 5 months of 2020
- Container shipping lines report record profits in the third quarter of 2021
- MSC officially became the world\'s largest container shipping company
HOT PROMO
See more
Why do thousands of businesses trust Phaata?
USERS/MONTH
LOGISTICS COMPANIES
REQUEST FOR QUOTEŚ
QUOTATIONS
VIETNAM LOGISTICS COMMUNITY
5 Steps to Get the Best Quote
Find a price quickly/Send a RFQ
Compare multiple options
Contact for Further Consultation
Negotiating prices/services
Management & rating
Freight rates
Warehouse