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.
North American importers cut back and delayed goods from Asia
Shippers are increasingly reducing and delaying ocean shipments from China to North America. This change is a major contradiction compared to just a few weeks before shippers are looking to speed up shipments through the supply chain to replenish already depleted inventory made by China.
The 2M Alliance cuts down Asia-Europe shipping services significantly
Maersk and MSC - the world's two largest shipping lines and the two main partners of the 2M alliance - have made sharp cuts in services on Asia-Europe shipping routes due to the COVID-19 outbreak.
Container shipping industry: Corona virus pandemic is creating a new wave of blank sailings
As soon as the number of sailings from China canceled by container lines began to settle, container shipping was preparing another wave of influence for the Asia-Europe service as the Corona virus pandemic spread to Europe.
Supply chains are facing the impact of the lockdowns due to Corona virus
Freight carriers are struggling to ship cargo by road, sea or air as the Corona virus pandemic forces Western governments to quarantine and threaten the supply of important products.
CEVA Logistics declared force majeure, citing the impact of COVID-19
CEVA Logistics has become the latest global forwarder to declare force majeure on all ocean, air and land transport contracts, taking measures just days after DHL Global Forwarding took similar action.
China Seaport Association forecasts container volumes will fall in the second quarter
According to the China Seaport Association, container volume of eight major ports increased 6.2% last week. However, the Association warned of the risk of container volume decline due to the spread of the global COVID-19 pandemic in the coming months.
Maersk and MSC canceled many Asia-Europe / Med sailings due to falling demand
As soon as the scheduled container shipping routes from China seemed to return to normal, the 2M Alliance canceled two trains from Asia - Europe / the Mediterranean next week in the wake of the COVID- 19 began to attack demand in western countries.
Container throughput of Chinese ports decreased by 10.6% from January to February this year
China's Ministry of Transport has published port output figures for the January-February period of this year, showing a decline in many major ports, especially in container volumes.
APL Shipping Line launched the "Day 4" service group of the OCEAN Alliance
APL Shipping Lines announces the launch of the OCEAN Alliance's "Day 4" service (OA), which will provide customers with fast and reliable transportation of services on transpacific routes.
MAERSK: If you're not planning, you're planning to fail
The management of the Covid-19 crisis has been a must for supply chains since the beginning of this year and if shippers are concerned about how shipping lines have helped ensure that cargo continues to be transported, here are some suggestions from Maersk Line.
Featured News
- Hapag-Lloyd applies Peak Season Surcharge from East Asia to USA and Canada
- The world\'s largest container ships MSC Irina and MSC Loreto floated
- Top 10 export and import goods between Vietnam - Philippines in the first 5 months of 2020
- Container shipping lines report record profits in the third quarter of 2021
- MSC officially became the world\'s largest container shipping company
HOT PROMO
See more
Why do thousands of businesses trust Phaata?
USERS/MONTH
LOGISTICS COMPANIES
REQUEST FOR QUOTEŚ
QUOTATIONS
VIETNAM LOGISTICS COMMUNITY
5 Steps to Get the Best Quote
Find a price quickly/Send a RFQ
Compare multiple options
Contact for Further Consultation
Negotiating prices/services
Management & rating
Freight rates
Warehouse