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.
International Shipping and Logistics Market Update Week 13/2026 | 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 13 (from Mar 23 - Mar 29), 2026.
Hapag-Lloyd Announces General Rate Increase (GRI) on South America Route
Effective May 1, 2026, ocean carrier Hapag-Lloyd will officially implement a General Rate Increase (GRI) of $200 per container for all types of cargo transported from the East Coast to the West Coast of South America.
CMA CGM Implements Peak Season Surcharges on Mauritius and West Africa Routes
Ocean carrier CMA CGM has officially announced the implementation of new Peak Season Surcharges (PSS) for shipments from the Far East and China to Mauritius and various destinations in West Africa to cope with market fluctuations.
COSCO SHIPPING Resumes Bookings to the Middle East via Multimodal Transport Network
Chinese shipping giant COSCO SHIPPING Lines has officially reopened bookings for general cargo containers from the Far East to key markets in the Middle East via multimodal transport routes, amidst the easing of controls at the Strait of Hormuz for neutral commercial vessels.
Strategic Port of Salalah (Oman) Suspends Operations Following UAV Attack
The strategic seaport of Salalah (Oman) has been forced to suspend operations after a UAV attack damaged a shore crane, raising concerns over the severing of vital shipping arteries in the Middle East.
EUNAVFOR ASPIDES Warning: Threat of Attacks on Commercial Shipping in the Red Sea Shows Signs of Escalation
The EUNAVFOR ASPIDES naval force has issued an urgent alert to the shipping industry regarding the risk of attacks on commercial vessels in the Red Sea region, as geopolitical tensions and Houthi activities show signs of escalation since late March 2026.
Geopolitical 'Undercurrents' and the Restructuring Race Reshaping the Global Shipping Map
Geopolitical tensions in the Middle East and macroeconomic volatility are upending global trade flows, forcing major shipping lines to accelerate M&A and diversify strategies to maintain their competitive advantages.
Despite Airspace Risks, Qatar Cargo Resumes Dedicated Freighter Flights from Doha
Qatar Airways Cargo officially restores freighter flights from Doha to key markets, striving to narrow the global capacity gap amid ongoing Middle East airspace restrictions.
Middle East Crisis: Maersk Warns of Urgent Demand for Food Imports Amid Hormuz Blockade
Maersk has sounded the alarm regarding the risk of cold chain disruptions and the critical need for essential food imports in the Middle East amid the blockade of the Strait of Hormuz, which is sending global freight costs soaring.
COSCO Shipping in 2025: Container Volumes Rise 6% as Digitalization and Green Fleet Expansion Accelerate
Overcoming a landscape of declining freight rates, COSCO Shipping Holdings recorded a volume of 27.4 million TEUs in 2025 while advancing three core strategic pillars heading into 2026.
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