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 lines still have the upper hand with sky-high spot rates
Container shipping spot rates on east-west routes this week maintained historic highs in recent weeks.
ONE says: 'We sold out', but faced new hurdles in this 'incredible one year'
In a year of ups and downs and continuing rapid growth in the container shipping industry, a senior executive at the shipping company announced: "We have sold out."
Logistics companies complain to Maersk: ''moving from supplier to becoming a competitor
The major forwarders may abandon Maersk for fears that the carrier's new "integrated" and "aggressive" business strategy creates conflicts of interest and the carrier wants to cut forwarders out of its business.
Carriers use digital technology to limit the opportunities of freight forwarding companies
Container shipping lines are using their online platforms to move shippers away from freight forwarding companies and shift them to direct relationships with the carrier, according to freight forwarding sources in Europe and India.
Up to one-third of cargo volume is delayed in transit hubs: Ocean Insights
Volume of delayed freight at major container transshipment centers remained high in September and is expected to continue into the fourth quarter as carriers grapple with supply chain disruptions, according to Ocean Insights.
Long-term container freight rates increase on major routes
According to Bimco, after a while short-term container freight rates hit record highs on many main routes, long-term freight rates also tend to increase.
Shipper anger as THE Alliance adjusts November schedules on higher rates
Confidence is being "eroded" and the relationship between the shipping lines and their customers is becoming increasingly strained according to the European Shippers' Council (ESC) as lines announce more vessel cancellations and rising rates.
Far East-Australia demand pushes rates to levels not seen for a decade
Container freight rates from East Asia to Australia have reached a 10-year high, rising to over US$1,648/TEU as of 9 October 2020, according to the Shanghai Containerized Freight Index.
Maersk kicks off air freight services
Maersk has expanded its product portfolio to air freight with the first of the multiple chartered airplanes moved cargoes for a tyre manufacturer from Thailand to Japan on 11 October.
Maersk Line expects solid Q4 amid job cuts and soaring income
Initial third quarter results show that A.P. Moller - Maersk has boosted its revenue while volumes fell 3% on last year’s figures with the fourth quarter expected to see a strong performance, with some uncertainties for 2021.
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