U.S. and China officially extend trade truce by two months
The U.S. and China extend tariff reductions and a pause on other trade actions by two months, until January 10, 2027, according to Supply Chain Dive.
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%.
SITC updates Vietnam-Intra Asia sailing schedules in Jun 2026
SITC schedule for routes from Ho Chi Minh to Intra-Asia countries such as China, Japan, Malaysia, Bangladesh, Korea,... in Jun/2026 (Download excel file).
MSC Launches Ochna Service to Strengthen Direct China–Vietnam Connectivity
MSC has officially launched its standalone Ochna service starting from June 2026, further strengthening direct maritime connectivity between key ports in China and Vietnam while offering more optimized transit times.
Maersk Launches Qilin Service, Significantly Reducing China–Australia Transit Times
Maersk has announced the launch of its new Qilin service, a direct China–Australia shipping route scheduled to commence operations on July 24, 2026. The new service is expected to significantly shorten transit times while adding extra capacity to the Asia–Pacific trade corridor.
Sea-Intelligence: Hormuz and Red Sea Crises Disrupt Global Supply Chains in Two Fundamentally Different Ways
A new report from Sea-Intelligence has revealed the stark operational differences between the Red Sea crisis and disruptions in the Strait of Hormuz, showing how a localized maritime blockade can rapidly trigger ripple effects across global ports and supply chains.
NAWC Q1/2026: Canadian Ports Gain Market Share in Trans-Pacific Trade Flows
According to the latest analysis from Sea-Intelligence, Canadian ports are securing a significant market share in Trans-Pacific trade flows, as inbound container volumes at US West Coast ports continue to contract under the weight of trade wars and supply chain rerouting trends.
Trans-Pacific Rates Remain Elevated as the Market Prepares for Peak Season
Trans-Pacific freight rates continue to hold at high levels due to fuel cost pressures and carriers' capacity-tightening strategies, while the market closely monitors signals for the kickoff of the 2026 peak season.
SAX/SAECS/SRX Service Adds Port of Algeciras to Europe – South Africa Rotation
An operating alliance between Hapag-Lloyd, Maersk, and Ocean Network Express has integrated the Port of Algeciras into the SAX/SAECS/SRX service to enhance connectivity and optimize operations on the Europe – South Africa trade lane.
Ocean Alliance Adds Miami to PEX3 Asia – US East Coast Service
Ocean Alliance will integrate the Port of Miami into its PEX3 service loop starting late June, enhancing direct connectivity between Asia and the South Florida region.
Tanker Prices Skyrocket as the Market Hungers for Prompt Tonnage
The tanker market is witnessing an unprecedented price surge as the hunt for prompt tonnage pushes resale ship values far beyond traditional valuation and depreciation benchmarks.
International Shipping and Logistics Market Update Week 20/2026 | 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 20 (from May 11 - May 17), 2026.
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