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.
Massive blast rips through Beirut port
07-08-2020
A fire was seen billowing smoke from a building in the port area followed by a huge blast with a mushroom cloud rising into the air. The blast was heard in Cyprus some 240 km from the Lebanese capital.
Wan Hai launched its own trans-Pacific service
06-08-2020
Wan Hai Lines is now offering a solo Far East-US West Coast service after Pacific International Lines (PIL) withdrew from the Transpacific trade.
Goods export - import situation of Vietnam in June and the first 2 quarters of 2020
05-08-2020
According to preliminary statistics of the General Department of Customs of Vietnam, by the end of the second quarter of 2020, the total import and export turnover of the whole country reached USD 240.11 billion, down 1.4% (equivalent to a decrease of USD 3.29 billion USD) over the same period last year. In which, export value was USD 122.79 billion, up by 0.2% and import was USD 117.33 billion, down by 2.9%.
Vietnam's coffee exports in July decreased by more than 15%
04-08-2020
According to the estimate of the Import and Export Department of Vietnam, coffee exports in July reached 120 thousand tons, worth USD 213 million, down 6% in volume and 2.2% in value compared to June, down 15.1% in volume and 12.3% in value compared to July 2019.
Container shipping lines restored 30 sailings on the trans-Pacific (west coast) service for the third quarter
03-08-2020
According to analyst Sea-Intelligence, global carriers reinstated sailings on the trans-Pacific (west coast) service in the third quarter because of optimism about peak season demand and the impact of the coronavirus (Covid-19).
Forecast of global logistics trend after Covid-19 (Part 2)
02-08-2020
Comments in the report of McKinsey and Oxford Economics think that the impact of the crisis will vary significantly depending on the goods (shape, size of goods, storage requirements and specificity in the process). shipping ...) and the time it takes for the supply chain to be interrupted.
Forecast of global logistics trend after Covid-19 (Part 1)
31-07-2020
Trade and logistics companies have begun to estimate the consequences of the disease for the whole 2020, with some road, air and sea transport companies reporting a sharp decline compared to the same period in 2019.
Affected by COVID-19, Vietnam still had trade surplus of USD 6.5 billion in the first 7 months
30-07-2020
Trade balance of goods in 7 months was estimated at trade surplus of USD 6.5 billion, much higher than USD 1.7 billion in the same period last year.
Strike at the port of Montreal in Canada
29-07-2020
The Marine Employers Association (MEA) in the Port of Montreal in Canada said the strike began on July 27, at 7 am local time and continued until 7 am on July 31.
The Port of Rotterdam decreased 9.1% of cargo volume in the first half of 2020
28-07-2020
The Port of Rotterdam has reported a 9.1% drop in cargo volumes in the first half of 2020 due to the global Covid-19 pandemic.
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- MSC officially became the world\'s largest container shipping company
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INTERLOG FULFILLMENT – A COMPREHENSIVE, COST-OPTIMIZED OPERATIONAL SOLUTION FOR BUSINESSES
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Do you ever wonder what a package goes through at Toan Phat warehouse?
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