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.
Maersk and Hapag-Lloyd Accelerate Return to Suez Canal Amid Red Sea Risks
Maersk and Hapag-Lloyd are bringing four additional Gemini services back through the Suez Canal as carriers continue to assess security risks in the Red Sea and prioritize the safety of crews, vessels and cargo.
Hapag-Lloyd CEO: Container Shipping Demand Remains Resilient Amid Geopolitical Volatility
Hapag-Lloyd CEO Rolf Habben Jansen says container shipping demand is holding up better than expected, while the conflict in the Middle East, rising operating costs and uncertainty surrounding the resumption of Red Sea services continue to create challenges for the market.
US Container Imports Reach 2.6 Million TEU, Third-Highest Volume on Record
US container imports rose 3.8% in August to more than 2.6 million TEU, while major ports continued to face pressure on handling capacity and cargo processing times.
Prolonged Gulf Crisis Raises Biofouling Risks for Idled Vessels
Vessels remaining at anchor for extended periods in the Gulf face a growing risk of biofouling, potentially affecting fuel consumption, operational efficiency and regulatory compliance.
SITC – CONNECTING CAMBODIA WITH VIETNAM AND THE WORLD
CUSTOMS & TRUCKING SERVICE: Bavet / Phnom Penh, Cambodia ↔ Cat Lai Port, via Ho Chi Minh City
COSCO Shipping Heavy Industry Begins A-Share Listing Process in Shanghai
COSCO Shipping Heavy Industry has begun preparations for an A-share listing on the Shanghai Stock Exchange, as the company continues to expand its shipbuilding, repair and conversion operations.
International Shipping and Logistics Market Update Week 37/2026 | 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 37 (from Sep 07 - Sep 13), 2026.
US-Iran Conflict Puts Growing Pressure on Maritime Operations in the Strait of Hormuz
The US-Iran conflict is driving an increase in attacks on commercial vessels in the Strait of Hormuz, while VLCC rates on the Middle East–China route are approaching USD 800,000 per day.
18 Maritime Nations Warn of a “Structural Shift” in Global Trade
The 18-member Consultative Shipping Group (CSG) has warned that conflicts, trade barriers and the growing use of “shadow fleets” are increasing fragmentation and risks across global maritime trade.
Rotterdam World Gateway Completes €500 Million Financing for Expansion Project
Rotterdam World Gateway (RWG) has completed financing for the final phase of its €500 million container terminal expansion project at Maasvlakte 2, with the overall expansion set to increase annual capacity to 5 million TEU.
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