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.
International Shipping and Logistics Market Update Week 17/2026 | Phaata
27-04-2026
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 17 (from Apr 20 - Apr 26), 2026.
COSCO Shipping and Sepetiba Tecon Sign 10-Year Agreement: Elevating the Brazil-China Trade Route
27-04-2026
COSCO Shipping Specialized Carriers (South America) and the Port of Sepetiba Tecon have officially signed a 10-year commercial agreement, marking a strategic turning point aimed at expanding the logistics service chain on the critical Brazil-China trade route.
Ocean Freight Surcharges Soar Amid Hormuz Crisis: Massive Pressure on Contract Negotiation Season
26-04-2026
The blockade of the Strait of Hormuz is driving up crude oil prices, forcing shipping lines to universally apply emergency surcharges and creating immense pressure on annual ocean freight contract negotiations between shippers and carriers.
IMO Tightens Ship Registration Guidelines Amid a Wave of Fraudulent Flagging
25-04-2026
The International Maritime Organization (IMO) has adopted new guidelines to enhance transparency and combat a severe rise in fraudulent flag registrations that threaten global maritime security.
Hormuz Crisis: Top Global Shipping Lines Demand Absolute Guarantees of Safe Passage
24-04-2026
Despite a temporary ceasefire agreement, CEOs from leading global maritime conglomerates assert they will not send their fleets back to the Gulf until there are practical guarantees of safe passage, amid lingering mine risks and toll demands.
Hormuz Tensions: IRGC Claims Seizure of Two MSC Containerships in Retaliation Against US
23-04-2026
The Islamic Revolutionary Guard Corps (IRGC) has announced the seizure of two MSC-linked containerships in the Strait of Hormuz. The move, framed as retaliation for the US blockade, has pushed regional maritime security risks to a state of high alert.
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CMA CGM Announces FAK Rate Increase on the Asia-Mediterranean Trade Lane Starting May 2026
23-04-2026
CMA CGM has announced the implementation of new Freight All Kinds (FAK) rates from Asian ports to the Mediterranean region, effective May 15, 2026. The highest adjustment reaches $7,200/FEU for the Algeria route, aimed at ensuring network operational efficiency.
Hormuz Fertilizer Supply Chain Disruption: A Cascading Shock to Global Shipping and Agricultural Economics
23-04-2026
The Hormuz chokepoint is 'freezing' 24% of the global bulk fertilizer supply. This shock not only ignites an input cost crisis but also directly threatens macro food security and inflation.
Red Sea Crisis Reshapes the Global Air Freight Network Structure
22-04-2026
As security risks in the Red Sea escalate, shipping lines are forced to reroute, steering clear of the Suez Canal in favor of the longer voyage around the Cape of Good Hope. This move adds up to two weeks to transit times, creating a massive shift in logistics strategy and placing air freight at center stage to maintain the seamless flow of global goods.
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Maersk Middle East Operations Update: New Restrictions and Emergency Freight Surcharges Applied
21-04-2026
Amid escalating security tensions in the Middle East, Maersk has officially announced a series of emergency measures, including bypassing the Strait of Hormuz, imposing sweeping booking restrictions, and implementing a new Emergency Freight Surcharge.
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