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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Intra-Asia Freight Rates End Six-Week Slide: IACI Rises to USD 970/FEU as Emergency Fuel Surcharges of USD 38–75/TEU Emerge on Short-Haul Trades
13-08-2026
Drewry’s Intra-Asia Container Index (IACI) rose 1% to USD 970/FEU, ending a six-week run of consecutive declines. However, the intra-Asia market is becoming increasingly fragmented, with rates to South Asia and the Gulf rising while several Southeast Asian trades recorded sharp declines. At the same time, carriers have begun introducing Emergency Fuel Surcharges of USD 38–75/TEU on a number of short-haul routes.
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Europe Freight Rates Continue to Fall as Carriers Abandon August 1 Increase, Look to August 15
12-08-2026
Container freight rates on the Asia–Europe trade continued to decline in early August as carriers abandoned their planned August 1 rate increases and shifted their focus to new FAK (Freight All Kinds) rates taking effect on August 15. However, actual market transaction rates remain significantly below carriers’ published tariff levels.
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Why Is 47.5 Feet a “Dreaded Number” for US East Coast Ports?
12-08-2026
Prolonged drought conditions are forcing the Panama Canal to further reduce its maximum allowable draft to 47.5 feet, prompting carriers to introduce surcharges and increasing pressure on supply chains serving the US East Coast.
International Shipping and Logistics Market Update Week 32/2026 | Phaata
11-08-2026
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 32 (from Aug 3 - Aug 9), 2026.
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Iran Considers Banning US- and Israel-Linked Vessels from Transiting the Strait of Hormuz
10-08-2026
Iran is considering banning vessels linked to the United States and Israel from transiting the Strait of Hormuz, while Tehran and Oman are negotiating a new framework aimed at restoring commercial shipping through the strategic waterway.
MSC Silvana VIII Sinks Further off Zhoushan After Salvage Refloating Attempt Fails
09-08-2026
The 8,401-TEU container ship MSC Silvana VIII has sunk further off Zhoushan, China, after an unsuccessful attempt to refloat the grounded vessel. Salvage operations continue to face significant challenges amid the threat of deteriorating weather conditions.
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CMA CGM Introduces Peak Season Surcharge on Multiple Far East Trade Lanes
07-08-2026
CMA CGM will implement a new Peak Season Surcharge (PSS) on several trade lanes from the Far East to Mozambique, Madagascar, Somalia, and Seychelles effective 10 August 2026, with surcharge levels reaching as high as USD 750 per TEU.
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Maersk Revises Peak Season Surcharge (PSS) for Far East Asia–Latin America Trade
06-08-2026
Maersk has announced an update to its Peak Season Surcharge (PSS) for shipments from Far East Asia to Latin America. Notably, after easing surcharge levels in early August, the carrier will reinstate higher PSS rates during the second half of the month.
Port of New York & New Jersey H1 2026: Throughput Reaches 4.4 Million TEUs as Road Traffic Sets New Records
04-08-2026
The Port of New York and New Jersey (PNYNJ) maintained stable operations in the first half of 2026, handling 4.43 million TEUs. A strong surge in June, driven by an early peak shipping season, also pushed truck traffic across the region’s transport network to record levels.
International Shipping and Logistics Market Update Week 31/2026 | Phaata
03-08-2026
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 31 (from Jul 27 - Aug 2), 2026.
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