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.
Trans-Pacific Trade: The Exodus of Non-Alliance Carriers
The latest report from Sea-Intelligence indicates that non-alliance carriers are rapidly retreating from the Asia-North America West Coast corridor, dragging the share of non-alliance capacity to its lowest level in a decade.
The North European Port Paradox: When Opting for 'Mega-Ports' No Longer Guarantees Schedule Reliability
The latest report from Sea-Intelligence highlights a concerning reality in North Europe: Mega transshipment hubs like Rotterdam, Antwerp, and Hamburg are experiencing a severe decline in schedule reliability, forcing shippers to rethink their routing strategies.
International Shipping and Logistics Market Update Week 18/2026 | 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 18 (from Apr 27 - May 03), 2026.
Adani Ports: Profits Surge Amid Early Warnings of a 2027 Slowdown
Adani Ports and Special Economic Zone (APSEZ) — India's leading private port operator — has just reported a 20% growth in core profit for the recent quarter. However, the conglomerate also issued a warning regarding a growth deceleration in fiscal year 2027 due to the impacts of US tariff policies and the conflict in Iran.
Fuel Price Shock from Iran Tensions: Major Air Cargo Carriers Trigger Surcharges
Geopolitical conflicts in Iran and the fallout from the closure of the Strait of Hormuz are driving aviation fuel prices to record highs. To cope with the wave of cost volatility, a host of industry giants—including United Cargo, Air Canada Cargo, and Cathay Cargo—have been forced to trigger and adjust emergency surcharges.
FMC Chair Pushes Alternatives to IMO's Net Zero Framework, Resolutely Blocking a 'Global Carbon Tax'
US Federal Maritime Commission (FMC) Chair Laura DiBella has made strategic interventions at the IMO's MEPC 84 session, seeking alternatives to the Net Zero Framework (NZF)—a proposal widely viewed as imposing a "global carbon tax" on shipping.
Two Months of Hormuz Closure: A Mixed Picture for the Liquid Bulk Market
Two months after the conflict erupted at the Strait of Hormuz, the global liquid bulk shipping market is witnessing a stark divergence, with freight rates for VLGCs and Product Tankers surging while VLCCs stall.
China Launches World's Largest Electric Container Ship: A Decarbonization Milestone for the Maritime Industry
Marking a historic milestone in maritime decarbonization efforts, China has officially commenced commercial operations of its 10,000-ton-class pure electric smart container ship, setting a new standard for zero-emission operations along critical coastal routes.
Hapag-Lloyd Implements New Emergency Surcharge on Southern Europe Feeder Routes Amid Cost Pressures
Ocean carrier Hapag-Lloyd has officially announced the implementation of an Emergency Operations Charge (EOO/EOD) for feeder services across Southern Europe and adjacent regions due to mounting fuel cost pressures.
UNCTAD and Singapore Partner to Drive Sustainable Maritime Transition
The United Nations Conference on Trade and Development (UNCTAD) and the Maritime and Port Authority of Singapore (MPA) have established a strategic partnership to accelerate decarbonization and enhance the resilience of the global maritime supply chain.
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