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.
Vietnam's rice exports surpassed Thailand to rank 2nd in the world
In the first 5 months, Thailand exported only 2.57 million tons of rice, while Vietnam reached nearly 2.9 million tons. As such, Vietnam has risen to the second position, only after India in terms of rice export volume.
Hapag-Lloyd: Increasing rates from East Asia to Australia, the US and Canada from September 1
According to Hapag-Lloyd, this GRI is needed to make sure that it can continue to offer the quality service to its customers.
Cargo volume at Panama ports increased by 13.7% in the first half of 2020
In the first half of 2020, cargo throughput at Panama ports increased by 13.7% to 3.8 million tons from the same period last year. While the first half of 2019, the growth in cargo volume was only 0.6%.
MSC launched a new service and upgraded four other services to the intra-Asia market
MSC (Mediterranean Shipping Company) - the second largest container shipping company in the world - has just announced the launch of a new service and upgrade of four existing shipping services to expand its intra-Asia market.
Floods in China disrupts supply chains
According to a Resilinc statement, about 30 of more than 1,800 production sites in parts of China such as Anhui, Hubei, Jiangxi and Zhejiang were affected by floods last week and earlier this week. The rainy season in China has started from June 1.
MSC launched an online instant quote system
MSC's Instant Quote function is currently available for shipments from North America to Europe and from Asia to Europe. Through its "myMSC" online account, shippers can receive instant quotes in just a few clicks anytime 24/7.
CEVA targets smaller shippers with online booking and management tools
CEVA Logistics launches a platform that provides instant booking functionality and is manageable by shippers themselves, a step up based on the instant pricing feature they have launched since September 2019.
Top 10 Vietnam's largest pepper export markets in the first 5 months of 2020
In May 2020, pepper exports to most major markets decreased compared to May 2019, including: the United States, Germany, India, Egypt, UAE, Netherlands, Russia, Pakistan, Philippines; In contrast, the export of pepper to the UK market increased to 54.4% in volume and 41.3% in value.
EVFTA Agreement and predictions from the European import and export market
The study shows that the EVFTA Agreement will increase Vietnam's export turnover to the EU by about 20% by 2020; 42.7% in 2025 and 44.37% in 2030 compared to no agreement.
Container throughput at major Chinese ports increased by 3.4% in early July
In early July, container throughput at eight major Chinese ports increased by 3.4% over the same period last year.
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