Mega-Container Vessels Return to the Suez Canal Despite Persistent Red Sea Risks
Despite ongoing maritime security concerns across the Red Sea, the number of ultra-large container vessels transiting the Suez Canal surged to 166 ships in the third quarter of 2026. Maritime consultancy Drewry notes that this pivot is driven not merely by voyage economics, but by broader network optimization and fleet capacity utilization.
Ship Recycling Activity Drops to More Than 50-Year Low as Global Fleet Faces Rapid Aging
Demolition volumes have hovered at multi-decade lows for five consecutive years, allowing more than 340 million GT of commercial tonnage to cross the 20-year threshold as lucrative trading earnings keep aging ships at sea.
ClarkSea Index Sets Fifth Consecutive Record as Daily Vessel Earnings Reach $84,951
The ClarkSea Index rose 12% in a week to $84,951 per day, setting a new record for the fifth consecutive week. Earnings in the crude tanker segment surged, while other shipping segments posted mixed results.
International Shipping and Logistics Market Update Week 41/2026 | 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 41 (from Oct 5 - Oct 11), 2026.
Ocean Shipping Disruptions and Tariff Uncertainties Drive Incremental Air Freight Demand in Q4
Persistent maritime bottlenecks alongside looming tariff shifts could trigger an ocean-to-air modal shift through the fourth quarter, as high-tech hardware, semiconductors, and year-end retail volumes place added strain on key Asian export gateways, according to Dimerco.
MSC and ONE to Continue Ipanema Service Under New VSA from April 2027
MSC and Ocean Network Express (ONE) will continue operating the Ipanema service connecting Asia and the East Coast of South America under a new vessel sharing agreement (VSA) from April 2027, following Hapag-Lloyd’s withdrawal from the existing agreement.
COSCO SHIPPING Holdings Expands Asia-Pacific Service Network
COSCO SHIPPING Holdings is reinforcing its regional footprint across the Asia-Pacific through synchronized service rollouts across its dual liner brands, COSCO SHIPPING Lines and OOCL, integrating new feeder loops, hinterland intermodal corridors, and AI-driven digital tools.
Around 12% of Global Containership Capacity Affected by Port Congestion
Around 12% of global containership capacity is currently affected by port congestion, the highest level in four years, as schedule disruptions and vessel bunching reduce the effective capacity available to shippers.
International Shipping and Logistics Market Update Week 40/2026 | 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 40 (from Sep 28 - Oct 4), 2026.
Shipping demand hasn't exploded globally, so why are freight rates so high?
Maersk's freight rates in the second quarter increased by 63% compared to pre-COVID, while global shipping demand increased by only 3%.
International shipping and logistics market (updated week 31/2021)
Update on the international logistics and container shipping market on Asia, Europe and North America routes in the week of 31/2021.
Vietnam rail transport connects to Europe for the first time
The booming rail transport from China to Europe has extended connections to Vietnam. For the first time, the railway has a container train running directly from Vietnam to Europe since the end of July.
US FMC investigates eight container shipping lines for congestion surcharges
The US Federal Maritime Commission (FMC) has launched an “Expedited Inquiry” into the operations of eight container shipping lines in relation to “congestion or related surcharges”.
ONE forecasts a profit of 6 billion USD in the first 6 months of the year
Shipping line ONE (Ocean Network Express) recorded a profit of $2.56 billion for the first quarter and forecast an after-tax profit of $6 billion for the first six months of the year.
Maersk reports record business results for Q2 and expects Q3 to be even better
AP Moller Maersk reported unaudited revenue of $14.2 billion, earnings before interest, taxes, and amortization (EBITDA) of $5.1 billion and earnings before interest and taxes (EBIT) of $4.1 billion in the second quarter of 2021, due to increased demand for shipping containers.
Container shipping rates continue to rise
Container freight rates continue to soar as the sector continues to face capacity declines, port congestion and supply chain disruptions.
Container shipping line alliances have a 5% cancellation rate
According to Drewry, 24 train cancellations between weeks 31 and 34 were announced out of a total of 496 scheduled trains, representing a cancellation rate of 5%.
International shipping and logistics market (updated week 30/2021)
Update on the international logistics and container shipping market on Asia, Europe and North America routes in the week of 30/2021.
Ever Given vessel that ran aground in the Suez Canal has arrived in Rotterdam
Container ship Ever Given 20,388TEU, called at the port of Rotterdam at 05:15 (local time) on July 29, with a delay of nearly 4 months compared to the original schedule.
Featured News
- Hapag-Lloyd applies Peak Season Surcharge from East Asia to USA and Canada
- The world\'s largest container ships MSC Irina and MSC Loreto floated
- Top 10 export and import goods between Vietnam - Philippines in the first 5 months of 2020
- Container shipping lines report record profits in the third quarter of 2021
- MSC officially became the world\'s largest container shipping company
HOT PROMO
See more
Why do thousands of businesses trust Phaata?
USERS/MONTH
LOGISTICS COMPANIES
REQUEST FOR QUOTEŚ
QUOTATIONS
VIETNAM LOGISTICS COMMUNITY
5 Steps to Get the Best Quote
Find a price quickly/Send a RFQ
Compare multiple options
Contact for Further Consultation
Negotiating prices/services
Management & rating
Freight rates
Warehouse