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.
Maritime Connectivity: Diverging Port Trends Amid Geopolitical Disruptions
Disruptions in the Middle East are reshaping container shipping networks and connectivity between ports. UNCTAD data for the third quarter of 2026 show that connectivity indices at several ports in West Africa, the Gulf of Oman and the Indian Ocean region have increased compared with pre-crisis levels.
Container Shipping Networks: A Shift Away from Shared Capacity Among Carriers
The number of international container shipping services continues to grow, while the number of carriers offering space on each service is declining. Data from Sea-Intelligence points to a shift in how carriers share vessel capacity, potentially affecting network structures and service connectivity.
International Shipping and Logistics Market Update Week 42/2026 | 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 42 (from Oct 12 - Oct 18), 2026.
Hapag-Lloyd to Adjust Six Asia–Europe Services Under Gemini Cooperation from November 2026
From November 2026, Hapag-Lloyd will revise six Far East–Europe services under the Gemini Cooperation, including the Asia South Europe 5 (SE5) service connecting Asia with the Western Mediterranean. The changes will also involve adjustments to port rotations across the Mediterranean and Northern Europe.
Port of Rotterdam Container Throughput Remains Nearly Flat as Transshipment Volumes Fall 20%
Container throughput at the Port of Rotterdam was largely unchanged year on year in the first nine months of 2026. Transshipment volumes fell 20%, while container flows to and from the European hinterland continued to grow.
Strait of Hormuz Sees Further Attacks as Two Commercial Vessels Sink
Fresh attacks in the Strait of Hormuz have left two commercial vessels sunk and three container ships linked to AD Ports Group attacked or damaged. The International Maritime Organization (IMO) has recorded a total of 113 maritime incidents in the region since the conflict began.
Port of Oakland Signals Recovery as September Container Throughput Rises 5.4%
The Port of Oakland handled 188,517 TEU in September 2026, up 5.4% year on year, supported by growth in both import and export container volumes. However, cumulative throughput for the first nine months of the year remained down 3.5%.
Mega-Container Vessels Return to the Suez Canal Despite Persistent Red Sea Risks
Despite ongoing maritime security concerns across the Red Sea, the number of ultra-large container vessels transiting the Suez Canal surged to 166 ships in the third quarter of 2026. Maritime consultancy Drewry notes that this pivot is driven not merely by voyage economics, but by broader network optimization and fleet capacity utilization.
Ship Recycling Activity Drops to More Than 50-Year Low as Global Fleet Faces Rapid Aging
Demolition volumes have hovered at multi-decade lows for five consecutive years, allowing more than 340 million GT of commercial tonnage to cross the 20-year threshold as lucrative trading earnings keep aging ships at sea.
ClarkSea Index Sets Fifth Consecutive Record as Daily Vessel Earnings Reach $84,951
The ClarkSea Index rose 12% in a week to $84,951 per day, setting a new record for the fifth consecutive week. Earnings in the crude tanker segment surged, while other shipping segments posted mixed results.
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