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.
Tanker Prices Skyrocket as the Market Hungers for Prompt Tonnage
19-05-2026
The tanker market is witnessing an unprecedented price surge as the hunt for prompt tonnage pushes resale ship values far beyond traditional valuation and depreciation benchmarks.
International Shipping and Logistics Market Update Week 20/2026 | Phaata
18-05-2026
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 20 (from May 11 - May 17), 2026.
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Yang Ming Under Pressure from Freight Rates and Middle East Tensions in Q1 2026
18-05-2026
Yang Ming's Q1 2026 profits face pressure from the downward trajectory of freight rates and operational disruptions linked to Middle East tensions, amid a container market continuing to grapple with overcapacity risks.
CMA CGM Air Cargo Officially Launches Freighter Route to Vietnam Amid a Red-Hot Market
17-05-2026
CMA CGM Air Cargo officially launches a freighter route to Vietnam amid surging air cargo demand driven by the supply chain relocation wave and electronics export growth.
Q1/2026 Report: HMM Profits Plunge 56% Amid Dual Market Pressures
16-05-2026
HMM has announced its Q1/2026 financial results, with operating profit plummeting 56% year-over-year in the context of a container shipping market facing the dual pressure of declining freight rates and escalating operating costs driven by tensions in the Middle East.
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Spot Rates Surge as Carriers Universally Implement Surcharges Ahead of Early Peak Season
15-05-2026
Global container spot freight rates have just recorded their strongest weekly gain in recent months, as shipping lines universally tighten capacity and roll out multiple surcharges to get ahead of an early peak season.
Hapag-Lloyd Reports Q1/2026 Loss Amid Dual Pressures from Freight Rates and Supply Chain Disruptions
15-05-2026
Impacted simultaneously by the downward trend in container freight rates and prolonged disruptions in the global supply chain, the world's fifth-largest container carrier, Hapag-Lloyd, has just recorded an EBIT loss of $174 million in Q1/2026—a challenging start to the new fiscal year.
Trans-Pacific Freight Rates Remain Elevated Amid Muted Demand
15-05-2026
Although freight demand has yet to show clear signs of recovery, container shipping rates on the trans-Pacific trade lane remain significantly higher than pre-Middle East conflict levels. According to analysts, this development primarily reflects capacity control and supply management measures by carriers, rather than an organic improvement in market demand.
CMA CGM Implements Peak Season Surcharge from South China and Hong Kong
15-05-2026
Shipping line CMA CGM has officially announced the implementation of a Peak Season Surcharge (PSS) for shipments originating from South China, Hong Kong, and Macau to a range of destination ports in Africa, effective May 21, 2026.
Amazon Enters the 4PL Space: How Big of a Threat is the Global Freight Industry Facing?
13-05-2026
Amazon has just launched its 4PL Supply Chain Service, immediately triggering a widespread stock sell-off across the freight market. However, analysts suggest the market is overreacting to the actual scale of this risk.
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