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.
Container freight rates from Asia to the US West Coast exceed USD 2,000/FEU
Container freight rates from Asia to the US West Coast have risen this week, due to a drop in shipping capacity that has not kept pace with the increase in shipping demand to replenish stocks.
PIL negotiates with Temasek for financial relief
Pacific International Lines (PIL) is in discussion with Helliconia Capital Management - a unit owned by state-owned Temasek Holdings - for an investment to bail out the container line.
Situation of goods import-export of Vietnam in April and 4 months of 2020
According to preliminary statistics of the General Department of Customs in April 2020, the total import-export turnover of the whole country reached US $ 36.11 billion, down 22% compared to March 2020, corresponding to a decrease of 10 , 17 billion USD.
Cut capacity to increase freight rates despite reduced demand
By blanking a lot of sailings, carriers were able to maintain freight rates at 25-40% higher than last year, despite weakening demand as countries closed. most retail stores and most of the production.
Freight rates are stable as carriers find a balance between supply and demand
Only six more blanked sailings in the past week have marked the stability of long-haul routes that are currently in need of balancing with available shipping capacity, suggesting that freight rates are gradually coming in stability.
OOCL's performance in the first quarter and upcoming market trends
Business results of the container shipping company OOCL in the first quarter of 2020 and the trend of international container shipping market in the near future.
APL updates Gulf Asia Express 2 (GA2) service for Asia-Middle East shipping
With the addition of a call to Vung Tau, the APL container shipping line allows direct connections to Vietnam from Middle East.
Hapag-Lloyd announces freight rates from East Asia to Northern Europe & Mediterranean
The container shipping line Hapag-Lloyd has announced a new freight rate for shipping from East Asia to Northern Europe & the Mediterranean, effective May 15, 2020.
European ports prepare for a cargo drop in the second quarter
The ports of the Mediterranean and Northern Europe will be badly affected by the recently canceled container shipping services. The number of blanked sailings has now reached 250-300% of what is normally seen during New Year's greetings in China.
COSCO increases revenue per TEU as volumes decrease
Cosco Shipping was able to maintain freight rates for the first quarter even when container volumes fell due to the 2019 Corona virus disease (COVID-19)
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