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.
COSCO Invests USD 1.1 Billion in 15 New Newcastlemax Bulk Carriers
COSCO Shipping Development is investing approximately USD 1.1 billion to build 15 Newcastlemax bulk carriers, expanding its ship leasing portfolio while preparing a next-generation fleet capable of transitioning to green fuels in the future.
MSC Merges West Africa and Red Sea Services to Optimize Network Operations
MSC is consolidating its West Mediterranean - West Africa and West Mediterranean - Red Sea services into a single route to optimize fleet deployment, expand port coverage, and enhance overall network efficiency.
Port of Melbourne Records 7.3% Growth in Container Throughput in June 2026
The Port of Melbourne delivered a strong performance in June 2026, handling 291,000 TEUs of containerized cargo. Growth was driven by solid gains in both import and export volumes, with transshipment cargo recording the strongest increase.
CMA CGM Revises FAK Rates on Three Key Trade Lanes Effective Mid-August 2026
CMA CGM has announced new Freight All Kinds (FAK) rates effective 15 August 2026, covering three major international trade lanes connecting the Indian Subcontinent and the Red Sea with Europe, the Mediterranean, North Africa, and the Americas.
International Shipping and Logistics Market Update Week 30/2026 | 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 30 (from Jul 20 - Jul 26), 2026.
Tanker Freight Rates Face Sharp Upside Risk as Security Threats Escalate in the Red Sea and the Gulf
Rising security risks in both the Red Sea and the Gulf are forcing shipping companies to reassess voyage plans, extend transit times, and increasing the likelihood of a significant surge in global tanker freight rates.
U.S. Establishes New Tariff Framework for 60 Economies, Marking a New Phase in President Trump's Trade Policy
The administration of President Donald Trump has introduced a new tariff framework covering 60 economies under Section 301 of the Trade Act of 1974, marking what is widely viewed as the most legally durable foundation for the administration's tariff strategy after several rounds of policy adjustments.
SITC Restructures China–Vietnam–Malaysia Service Network
SITC has restructured three shipping services connecting China, Vietnam, and East Malaysia by adding and adjusting several port calls to optimize its intra-Asia network and strengthen regional connectivity.
Panama Canal Expands Preventive Maintenance Program to Enhance Reliability and Increase Capacity
To ensure safe and uninterrupted vessel transits, the Panama Canal Authority (ACP) is strengthening its preventive maintenance strategy while upgrading key infrastructure to accommodate the next generation of container ships.
CMA CGM Announces Peak Season Surcharge (PSS) and Bunker Adjustment Factor (BAF) Revisions
CMA CGM has announced revisions to its Peak Season Surcharge (PSS) and Bunker Adjustment Factor (BAF) across several trade lanes, with the new surcharges taking effect between mid-July and early August 2026.
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