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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Maersk Implements Sweeping Peak Season Surcharges Across Multiple Key Trade Lanes
11-03-2026
Maersk has officially announced the implementation of new Peak Season Surcharges (PSS) effective March and April 2026 across major shipping routes to Africa, North America, and Mexico.
Maersk Suspends Cargo Bookings Across Multiple Gulf Nations Amid Hormuz Blockade Crisis
11-03-2026
Facing the risk of disruptions at the Strait of Hormuz, carrier Maersk has announced the suspension of all bookings for reefers, dangerous goods, and out-of-gauge cargo to and from eight Middle Eastern countries. This development is placing the regional supply chain on the highest alert.
International Shipping and Logistics Market Update Week 10/2026 | Phaata
11-03-2026
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 10 (from Mar 2 - Mar 8), 2026.
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Middle East Airspace Crisis Triggers a 'Domino Effect' on the Global Air Freight Supply Chain
10-03-2026
Airspace closures and restrictions in the Gulf are rupturing the East-West aviation corridor, impacting 12-13% of global capacity. As cargo flows are forced to divert to Asian transshipment hubs right at the post-Lunar New Year recovery point, shippers are facing a formidable challenge regarding costs, transit times, and unpredictable market volatility.
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India: 95% of Trade Dependent on Foreign Fleets and the Ambition to Turn the Tide
09-03-2026
Heavy reliance on international shipping lines is putting the Indian economy at risk of severe supply chain disruptions. Recognizing this strategic risk, New Delhi is comprehensively restructuring its maritime policy with a massive funding package, determined to transform the nation into the world's new shipbuilding hub.
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West Asia Tensions: Indian Exporters and Shipping Lines in Heated Standoff Over 'War Surcharges'
09-03-2026
Tensions have flared as shipping lines impose "war surcharges" of up to $4,000 per container and refuse to release cargo. Indian exporters are urgently calling for government intervention to prevent a total supply chain breakdown.
Tanger Med Port Rises to Strategic Hub Status Amid Global Maritime Crisis
09-03-2026
Military conflicts in the Middle East are disrupting vital global shipping lanes, opening up strategic opportunities for Tanger Med Port (Morocco). With a record milestone of 11.1 million TEUs in 2025, this mega-port at the Strait of Gibraltar is becoming a safe "haven" for major shipping lines amidst escalating security risks and skyrocketing war risk surcharges.
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Asia-Europe Air Freight Capacity Plunges 39% Amid Middle East Conflict
08-03-2026
The Middle East conflict has triggered a 39% drop in Asia-Europe air freight capacity through regional hubs, sending freight rates soaring and threatening to create new supply chain bottlenecks.
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Rate Volatility: CMA CGM Announces Sweeping Adjustments to FAK Rates and Peak Season Surcharges Across Major Trade Lanes
08-03-2026
Ocean carrier CMA CGM has announced significant adjustments to its Freight All Kinds (FAK) rates and Peak Season Surcharges (PSS) across several key global trade lanes, officially taking effect in March and April 2026.
Malaysia Urgently Rolls Out Support for Exporters Amid Middle East Crisis
07-03-2026
Malaysia's trade agency (MATRADE) has unveiled a raft of emergency measures to shield exporters from the fallout of the Middle East conflict, including cargo rerouting and market diversification to bypass maritime hotspots.
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