Hapag-Lloyd and FIMI Submit Revised Proposal for ZIM Acquisition
Hapag-Lloyd and FIMI have submitted a revised proposal for the USD 4.2 billion acquisition of ZIM, adding provisions covering control rights, service routes, fleet, personnel and the maritime security of ZIM Israel.
China’s Airfreight E-commerce Volumes Fall 16% in August
Airfreight volumes of e-commerce goods from China fell 16% in August, with shipments to Europe dropping 40% after the EU introduced a EUR 3 customs duty on low-value goods.
Two More Oil Tankers Attacked in Strait of Hormuz as Risks Escalate
Two oil tankers were involved in incidents in the Strait of Hormuz on 21 September, with one vessel struck by an unidentified object, injuring two crew members slightly. JMIC maintains its threat assessment for the area at “Severe.”
Gemini shifts four services - AE5, AE11, AE12 and ME2 - to Suez routings
Maersk and Hapag-Lloyd are restructuring four Gemini services - AE5, AE11, AE12 and ME2; under the new routing, AE11 calls at Tanjung Pelepas before transiting the Suez Canal.
International Shipping and Logistics Market Update Week 38/2026 | 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 38 (from Sep 14 - Sep 20), 2026.
SITC updates Vietnam-Intra Asia sailing schedules in Oct 2026
SITC schedule for routes from Ho Chi Minh to Intra-Asia countries such as China, Japan, Malaysia, Bangladesh, Korea,... in Oct/2026 (Download excel file).
Container Freight Rates on Asia–US Routes Near Pandemic-Era Peaks
Container freight rates on the transpacific trade continue to rise ahead of Golden Week, while capacity management, port disruptions and geopolitical tensions are adding further pressure to the market.
Maritime Tensions: Iran Attacks Vessel in Hormuz as Italy Prepares Independent Red Sea Escort Plan
Iran’s IRGC says it attacked an oil products tanker in the Strait of Hormuz, while Italy is preparing an independent escort plan for commercial vessels linked to the country transiting the Red Sea.
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.
Global Air Cargo Spot Rates Ease to $3.12/kg Ahead of Peak
Market intelligence reports from Xeneta and IATA indicate that global air cargo spot rates in July and early August 2026 declined by 6% month-on-month, averaging $3.12 per kg. This downward movement suggests that the air freight sector is entering a consolidation phase, with shippers taking a cautious stance toward charter flight commitments ahead of the year-end peak.
International Shipping and Logistics Market Update Week 33/2026 | 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 33 (from Aug 10 - Aug 16), 2026.
MSC Adjusts Port Rotation on Asia–US West Coast Service
MSC has adjusted the port rotation on its Pearl and Sentosa services connecting Asia with the US West Coast, with changes involving Hai Phong, Xiamen, Oakland and Long Beach.
Q3/2026 Europe-Bound Environmental Surcharges: Maersk and ONE Differ by $49/FEU, While MSC Quotes by TEU
An analysis of Q3/2026 environmental surcharges imposed by Maersk, ONE and MSC on Europe-bound services, including differences in surcharge levels, TEU/FEU charging structures and the potential impact of EUA prices on logistics costs in Q4.
Panama Canal Tightens Draft Limits in Three Consecutive Steps as Four Carriers Impose Surcharges Differing by Up to 3.2 Times
The Panama Canal Authority (ACP) will lower the maximum allowable draft for Neopanamax vessels to 48.5 ft, 48.0 ft and 47.5 ft in three consecutive stages. Meanwhile, four major carriers have announced transit surcharges ranging from USD 100 to USD 320/TEU, with CMA CGM subsequently raising its surcharge to USD 500/TEU from September.
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
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.
Europe Freight Rates Continue to Fall as Carriers Abandon August 1 Increase, Look to August 15
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.
Why Is 47.5 Feet a “Dreaded Number” for US East Coast Ports?
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
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.
Iran Considers Banning US- and Israel-Linked Vessels from Transiting the Strait of Hormuz
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.
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