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.
CMA CGM victim of cyberattack
The source of CMA CGM’s network outage Monday was made clear in a message shared on LinkedIn.
Cyberattack downs CMA CGM systems
The CMA CGM Group has confirmed it is currently dealing with a cyber-attack impacting peripheral servers, according to a statement.
ZIM infiltrates Australian market with new service
ZIM is entering the Australian market with a new service connecting China with major ports in Australia.
Signing of a MoU for the acquisition of 30% of Groupe DUBREUIL Aéro by the CMA CGM Group
signature of a Memorandum of Understanding for the acquisition of 30% of Groupe DUBREUIL Aéro by the CMA CGM Group.
All alliances reinstate transpacific capacity
All three east-west alliances have now committed to reinstate blanked sailings in October on the booming transpacific tradelane.
More Port of Felixstowe congestion riles freight forwarders
An increase in container volumes in the rush to beat China’s Golden Week holidays and technical issues with the Port of Felixstowe’s vehicle Booking System (VBS) has resulted severe congestion at the port according to freight forwarders’ association BIFA.
Congestion at North American terminals as Covid takes its toll
Carriers are reporting a number of pinch-points at US and Canadian ports as container volumes have increased to in excess of pre-pandemic levels while inland infrastructure has suffered due to a lack of staff and terminal congestion.
Box rates still on the way up after regulatory warnings
Both the Pacific and Asia to Europe rates have shown increases this week even after regulatory authorities in China, the US, Europe and South Korea have moved to monitor rates in both trades.
The Federal Maritime Commission (FMC) investigates the rates of shipping lines
Following efforts by China's Ministry of Transport last week to limit spot freight rates, the US government has threatened to bring carriers to court if they find evidence of collusion in the profitable response of the container shipping industry to the global epidemic.
The Chinese authorities asked trans-Pacific carriers to increase capacity
Chinese authorities have suggested to major container lines that they inject more capacity and less aggressively raise rates in the trans-Pacific trade as spot rates hit highs, adding an entirely new element to an already volatile market, carriers and forwarders tell JOC.com
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