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.
Home Depot charters container ships to solve supply chain bottlenecks
As congestion, container shipping shortages continue to worsen, and freight rates soar, US retailer Home Depot has taken the bold step of chartering its own container ship.
Top 10 largest container shipping lines in the world control 85% of the market
When all the newly-ordered vessels are delivered, MSC will become the world's largest container shipping line and far ahead of other shipping lines.
CMA CGM applies port congestion surcharge for refrigerated cargo to Yantian
CMA CGM is imposing a high surcharge on refrigerated shipments to Yantian as congestion continues and container freight rates soar.
ONE imposes congestion surcharge for refrigerated cargo shipped to Yantian port
Shipping line ONE (Ocean Network Express) applies a port congestion surcharge of USD 1,000/container for refrigerated cargo transported to Yantian port.
OOCL Durban destroys two cranes at the port of Kaohsiung, Taiwan
Yesterday, a giant gantry crane collapsed on another crane at Taiwan's largest port when a container ship approached too close to a smaller vessel moored while docked.
Exports restart at Yantian port, but shipping lines skip it due to congestion
Export operations resumed at Shenzhen's Yantian port on Monday, but a backlog of 20,000 containers and slow productivity meant a delay of at least another week.
The 2M Alliance temporarily does not call at Hamburg due to port congestion
2M alliance partners Maersk and MSC, informed customers yesterday that their AE7/Condor Loop 4 service will not call at Hamburg for the next four weeks and cargo will unload at the port of Bremerhaven.
3 Korean shipping lines open a new shipping service to Vietnam
Korean container shipping lines including: KMTC Line, Namsung Shipping and CK Line jointly launched a new shipping service connecting Korea with Vietnam from May 26.
Explosion engulfs the X-Press Pearl and its crew evacuated
The explosion aboard the smoldering X-Press Pearl caused the fire to flare up again on board with the crew now being evacuated for their own safety, while two crewmembers were injured in the explosion on May 25 morning.
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