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.
The Overturning of IEEPA Tariffs: A Dual Shock to the Air Freight Supply Chain
The US Supreme Court's historic ruling to invalidate IEEPA tariffs is reshaping the trade landscape. A detailed assessment of the impact of the new tariff policy, supply chain risks, and the multi-billion dollar refund puzzle for the air freight industry.
Maersk’s Emergency Regulations on Empty Container Returns in the Middle East
Amid mounting instability at the Strait of Hormuz, Maersk has announced the temporary suspension of empty container acceptance across multiple key Middle Eastern markets. The carrier has designated alternative drop-off depots while hitting supply chains with hefty empty return fees of up to $3,000 per container.
The Future of the ZIM Deal: Regulatory Hurdles for Hapag-Lloyd and Maersk's Contingency Plan
Hapag-Lloyd's $4.2 billion deal hits regulatory roadblocks over Israel's 'golden share', paving the way for Maersk to ready a backup acquisition scenario.
Hormuz Shock: Over 204,000 TEUs at Risk of Being 'Trapped', Specter of Empty Container Shortages Returns to Asia
A network stress test by Sea-Intelligence indicates that the closure of the Strait of Hormuz could trap up to 204,000 TEUs of deep-sea capacity. This bottleneck not only paralyzes neighboring transshipment ports but also threatens to deprive Far East export hubs of their vital supply of empty containers.
CMA CGM's Pivot: Repatriating Fleet Under the French Flag as a Billion-Dollar US Pledge Remains in Limbo
CMA CGM unexpectedly announced it will flag a series of 24,000 TEU mega-ships under the French registry, pivoting away from its previous billion-dollar investment pledge to the US maritime industry, amid a reported profit decline in 2025.
International Shipping and Logistics Market Update Week 11/2026 | 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 11 (from Mar 9 - Mar 15), 2026.
February Tanker Market Review
The February tanker market report highlights a powerful breakout across the VLCC, Suezmax, and Aframax segments due to tightening supply, while the refined product (clean tanker) segment remained largely flat.
Asia-US Freight Rates Heat Up: US Considers Jones Act Waiver as FMC Scrutinizes Carrier Surcharges
Amid the Middle East conflict disrupting supply chains, Asia-US container rates are on an upward trajectory. While the US government contemplates a Jones Act waiver to cool oil prices, the Federal Maritime Commission (FMC) has officially stepped in to review carrier surcharges to protect shipper interests.
Gulf Crisis: Maersk and MSC Suspend Routes, Freight Costs Face Threat of Skyrocketing
Freight rates are expected to surge as logistics "giants" announce the suspension of cargo bookings and invoke the "End of Voyage" clause in the Gulf due to escalating security risks. The rupture at the Strait of Hormuz is piling cost and time pressures onto the shoulders of exporters.
Russia Resumes Grain Exports to Iran via the Caspian Sea
Amidst the blockade of the Strait of Hormuz and paralyzed Black Sea routes due to conflict, Russian grain flows to Iran are being rerouted through the Caspian Sea corridor. An update on the shifting cargo flows and the challenges along this maritime route.
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