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.
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Maersk: Iran War is Adding $500 Million in Costs per Month - And Customers Will Have to Shoulder a Portion
12-05-2026
Maersk CEO Vincent Clerc—whose shipping line transports 14% of global containerized freight—warned that the war in the Middle East is driving up costs by an additional $500 million per month, while expressing deep concern over the risk of consumer demand destruction rippling across the entire supply chain.
International Shipping and Logistics Market Update Week 19/2026 | Phaata
12-05-2026
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 19 (from May 04 - May 10), 2026.
Hormuz Traffic in Freefall: Iran Tightens Its Grip as the World Waits to See What 'Reopening' Really Means
11-05-2026
Vessel transits through the Strait of Hormuz have dropped by nearly half in just a matter of weeks, as Iran establishes a new regulatory body and imposes transit fees — raising a critical question: does Tehran's definition of an "open strait" actually match what the rest of the world expects?
Yang Ming Expands Far East - Latin America Service Network Through Agreements with HMM and ONE
09-05-2026
Shipping line Yang Ming has officially deepened its penetration into the Latin American market through two strategic slot charter agreements with HMM and ONE, establishing a direct connection network from the Far East to both the East and West Coasts of South America.
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Maersk Q1 2026: Solid Growth Despite Freight Rate Pressures and Geopolitical Instability
08-05-2026
A.P. Moller - Maersk has released its Q1 2026 financial report, posting solid results driven by uniform volume growth across its three core business segments, alongside operational optimization efforts and strict cost discipline.
Shipping Lines Adrift in Uncertainty: When Will the Strait of Hormuz Truly Reopen?
07-05-2026
More than two months since the outbreak of war with Iran, hundreds of commercial vessels remain stranded in the Persian Gulf with costs mounting by the day — while shipping lines continue to be swept up in a spiral of uncertainty around the geopolitical calculations surrounding the Strait of Hormuz that show no sign of resolution.
Asia-Europe Container Rates Ease Back, Transpacific Holds Its Gains
07-05-2026
Freightos' weekly market update finds Asia-Europe container rates retreating to pre-war levels, while the transpacific continues its gradual upward trend — as U.S. military operations at the Strait of Hormuz escalate tensions and threaten ceasefire stability.
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Global Schedule Reliability Hits Year-to-Date High in March 2026
06-05-2026
The latest report from Sea-Intelligence shows that global schedule reliability in March 2026 rose to 62.2%, whilst outlining the performance landscape of new shipping alliances such as Gemini and Premier.
Two US Destroyers Enter the Persian Gulf, Washington Declares Absolute Control Over the Strait of Hormuz
05-05-2026
Tensions are escalating in the Strait of Hormuz as the US Navy deploys two guided-missile destroyers into the Persian Gulf to break the Iranian blockade, while the global shipping industry continues to wait for clearer signals regarding the safety of this vital maritime artery.
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Middle East Pressure: Maersk Shifts to Weekly Fuel Surcharge Mechanism in Three European Countries
05-05-2026
Shipping line Maersk has officially implemented a weekly fuel surcharge adjustment mechanism in Portugal, Spain, and France to cope with escalating energy cost pressures stemming from the Middle East.
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