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.
GDL (CAMBODIA) CO.,LTD – Specialized Logistics Solutions for the Vietnam – Cambodia Route
25-03-2026
In the flow of global trade, Vietnam-Cambodia transportation serves as an indispensable economic lifeline. Seamless connectivity not only helps businesses optimize costs but also drives exponential growth. GDL (CAMBODIA) CO.,LTD (GDL Cambodia) is proud to be a pioneer, providing specialized logistics solutions for this high-potential market.
Dubai Aviation: Sustaining Supply Chains Amidst the Middle East Geopolitical Storm
25-03-2026
Dubai’s airports are demonstrating resilient operational capacity against regional geopolitical pressures. Operators are accelerating the clearance of cargo backlogs, striving to restore 100% of flight network and supply chain capacity.
Port of Oakland: February Volume Declines
24-03-2026
Despite the impact of blank sailings driving a 14.5% drop in total February throughput, the Port of Oakland still recorded a major bright spot in agricultural and refrigerated exports, handling over 86,700 TEUs.
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Maersk Relocates PANZ Service to Fenix Marine Terminal
24-03-2026
Ocean carrier Maersk has officially announced the relocation of its PANZ service terminal operations in Southern California to the Fenix Marine Terminal, effective June 12, 2026, in a move to optimize the supply chain.
2026 Dry Bulk Market: Will the Growth Momentum Continue?
23-03-2026
MSI has just released its Q1 2026 report, painting a positive picture for the dry bulk market. This outlook is driven by the Capesize segment's growth momentum, surging iron ore demand, and supply fluctuations resulting from special periodic vessel surveys.
International Shipping and Logistics Market Update Week 12/2026 | Phaata
22-03-2026
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 12 (from Mar 16 - Mar 22), 2026.
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Middle East Tensions: Maersk Imposes Global Fuel Surcharges
22-03-2026
Maersk has officially triggered emergency fuel surcharges for global inland and intermodal transport. This move drives a surge in costs across a slew of key markets starting mid-March 2026.
Port Dispute: Panamanian President Rejects Hutchison's Accusations
21-03-2026
Panamanian President Jose Raul Mulino has pushed back against claims from Panama Ports Company (PPC) and CK Hutchison regarding the revocation of operating rights for the Balboa and Cristobal terminals, affirming his resolve to face international arbitration.
Hapag-Lloyd and India Establish a Strategic Maritime Cooperation Framework
20-03-2026
Hapag-Lloyd has signed three Letters of Intent (LOIs) with the Indian government to establish a strategic cooperation framework, encompassing plans for vessel re-flagging, building a ship recycling ecosystem, and developing the Vadhavan mega-port.
MSC Group Inks Deal to Acquire 50% Stake in Sinokor Maritime
19-03-2026
A subsidiary of the MSC Group (SAS Lux) has officially signed an agreement to acquire a 50% stake in South Korean shipping line Sinokor Maritime. This strategic transaction establishes a co-ownership structure and fortifies the positions of both parties within the global shipping market.
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Do you ever wonder what a package goes through at Toan Phat warehouse?
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