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.
Ever Given vessel is about to leave Suez after reaching a compensation agreement with SCA
Egyptian officials are preparing to release the Panama-flagged ship Ever Given with a special ceremony after reaching an agreement with the ship's owners and insurance companies. The ship was seized after clogging the Suez Canal.
Air freight market expects an exciting peak season to come
Air cargo market - from Asia to worldwide - is forecasted and expected to be very active in August.
Container freight rates increased by 346% within a year
Container freight rates are continuing to rise to record levels due to continuous disruptions in global supply chains.
CULines launches new services to Southeast Asia and Brazil
CULines - a Chinese container shipping company - will expand three new services to Southeast Asia and Brazil in July.
The schedule reliability of the world's shipping vessels is quite poor - Sea-Intelligence
According to the latest report by Sea-Intelligence, the reliability of shipping schedules worldwide is quite poor, as some ports and regions have been severely affected by port congestion.
Shippers have paid ridiculous fees, but their shipments are still being rolled and carriers want to collect more
Although the massively increased rates include a premium fee, to ensure that container equipment and space are available, some shippers complain that their cargo was still rolled.
Congestion at US West Coast ports will get worse before it improves
Congestion at the ports of Los Angeles and Long Beach on the US West Coast is expected to worsen in the coming months as imports increase rapidly.
Yantian Port is back to normal, but container backlog will take weeks to clear
Yantian International Container Terminal (YICT) said it would return to normal operations on June 24, after weeks of disruption due to the Covid-19 outbreak among people coming to work at the port.
DSV Panalpina becomes world's largest forwarder after acquiring Agility
When the takeover of Agility GIL is completed, DSV Panalpina will become the world's largest freight forwarder by air freight and sea freight revenue, according to new analysis from Transport Intelligence ( Ti).
Container shortages in Chinese ports worsen as more vessels skip
Empty container shortages at China's southern ports continue to worsen as carriers skip shipments due to a wave of Covid-19 outbreaks in Guangzhou province.
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