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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MSC Extends Emergency Fuel Surcharge Amid Global Market Disruptions
13-04-2026
In response to marine fuel supply chain disruptions driven by geopolitical tensions in the Middle East, ocean carrier MSC has announced the extension of its Emergency Fuel Surcharge (EFS) until April 30, 2026. This decision applies to trades from the Mediterranean and Black Sea to Asia and Africa, reflecting efforts to offset bunker procurement costs across its operational network.
International Shipping and Logistics Market Update Week 15/2026 | Phaata
12-04-2026
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 15 (from Apr 06 - Apr 12), 2026.
Transit Toll Dispute Freezes Prospects for Hormuz Route Recovery
10-04-2026
The vital maritime corridor through the Strait of Hormuz remains at a standstill for commercial operations. Conflicting statements from Washington and Tehran regarding transit toll rights are elevating legal and cost risks, leaving vessel operators unable to re-establish routing through the region.
Strait of Hormuz Maritime Routes Remain Restricted Despite Ceasefire Agreement
10-04-2026
Maritime traffic through the Strait of Hormuz remains practically restricted. Major container lines continue to avoid routing through the region due to security risks, while supply chains face the threat of new US tariffs and CMA CGM's strategic move to reroute via the Suez Canal.
Gulf Tensions: Iran Unilaterally Reconfigures Maritime Routes Through the Strait of Hormuz
09-04-2026
Iran's maritime authority has issued a new Traffic Separation Scheme (TSS) in the Strait of Hormuz to counter the risk of naval mines. This move directly invalidates the international transit corridor established by the IMO, simultaneously placing commercial vessels under the strict control of the Islamic Revolutionary Guard Corps (IRGC).
Panama Canal Dispute Escalates: Hutchison Officially Initiates Arbitration Against Maersk
08-04-2026
The legal battle surrounding port operations at the Panama Canal is taking a sharp and intensified turn as Panama Ports Company (PPC) officially files an arbitration claim against ocean carrier Maersk. This conflict is no longer confined to corporate entities, as it has begun to trigger profound reactions from Beijing.
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US Gulf to West Coast South America Trade: Maersk Officially Implements Peak Season Surcharge (PSS)
08-04-2026
Effective May 6, 2026, Maersk is officially implementing a Peak Season Surcharge (PSS) of up to $300/FEU for dry containers moving from the US Gulf Coast to the West Coast of South America. This move comes with strict regulations regarding exemptions and price calculation dates between FMC and non-FMC trades.
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Ocean Freight Market Stalls: Overcapacity Outweighs the 'Hormuz Shock'
07-04-2026
Spot container freight rates on the East-West trades are moving sideways as overcapacity and weakening demand outweigh the upward momentum from the Hormuz crisis. This backdrop is forcing ocean carriers to pivot to an "ultra-short-term" pricing strategy to hedge against volume drop risks and volatile bunker surcharges.
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FMC Rejects Maersk's Emergency Bunker Surcharge Request for the Second Time
07-04-2026
The US Federal Maritime Commission (FMC) continues to reject Maersk's request to bypass the 30-day notice period for its Emergency Bunker Surcharge (EBS). This move demands cost transparency and prevents the risk of profiteering amid surging VLSFO prices driven by the Gulf conflict.
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CMA CGM Kribi: First Western Vessel to Transit Hormuz Amid US-Iran Tensions
06-04-2026
The Malta-flagged container ship CMA CGM Kribi has set a milestone as the first Western European vessel to safely transit the Strait of Hormuz since its blockade, amid France's staunch opposition to US military strategy in the region.
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