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.
Canceled sailings increased by more than 400% in a week
Over the next few weeks, container shipping lines will know which losses they will suffer this year with large capacity cuts.
Hapag-Lloyd announces an increase in shipping rates from East Asia to the US and Canada
Hapag-Lloyd will implement a general rate increase (GRI) from East Asia to all ports in the United States and Canada starting May 15, 2020 (pick-up date at the port of loading).
THE Alliance merging services and blanking 28 sailings in May and June
THE Alliance has set out capacity cuts for May and June, including service mergers, suspensions, and blanked sailings due to reduced demand caused by the COVID-19 pandemic.
Main container shipping lines may lose about US $ 23 billion in 2020 if the situation is worst
The impact of the new Corona virus (COVID-19) could cost major shipping lines up to $ 23 billion in 2020 under the "worst" scenario, according to Sea-Intelligence analyst.
Kuehne + Nagel launches an online quotation platform for intra-Asian shippers
Kuehne + Nagel has launched a new online logistics platform to meet the needs of shippers in Asia.
ONE, Maersk and MSC to Suspend China-Australia (CAE) Service
Due to the impact of COVID-19, Ocean Network Express (ONE) suspended the China-Australia service (CAE) which is jointly operated with Maersk and MSC.
Shipping company ONE issues its first electronic Bill of lading
Ocean Network Express (ONE), the world's sixth largest container carrier by TEU capacity, has released its first Electronic Bill of Lading.
The 2M Alliance cuts its transpacific capacity
Maersk Line and MSC - of the 2M Alliance - will suspend a weekly service from North Asia to the US West Coast and a weekly service from South Asia to the US East Coast for the rest of the quarter. They will also cancel individual additional sailings to North America.
Shipping lines assist importers to minimize container demurrage charges
Predicting congestion at ports around the globe because shippers do not accept imported goods, container lines are introducing policies to support shippers to reduce container storage charges by allowing shippers to store containers at their yards.
THE Alliance blanks 20 sailings due to a sharp drop in demand by COVID-19
The Alliance has announced a sharp reduction of 20 sailings starting from the rest of this week and the next four weeks to cope with the sharp decline in demand. predicted by the Corona virus pandemic (COVID-19).
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