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.
Affected by COVID-19, Vietnam still had trade surplus of USD 6.5 billion in the first 7 months
Trade balance of goods in 7 months was estimated at trade surplus of USD 6.5 billion, much higher than USD 1.7 billion in the same period last year.
Strike at the port of Montreal in Canada
The Marine Employers Association (MEA) in the Port of Montreal in Canada said the strike began on July 27, at 7 am local time and continued until 7 am on July 31.
The Port of Rotterdam decreased 9.1% of cargo volume in the first half of 2020
The Port of Rotterdam has reported a 9.1% drop in cargo volumes in the first half of 2020 due to the global Covid-19 pandemic.
Vietnam's rice exports surpassed Thailand to rank 2nd in the world
In the first 5 months, Thailand exported only 2.57 million tons of rice, while Vietnam reached nearly 2.9 million tons. As such, Vietnam has risen to the second position, only after India in terms of rice export volume.
Hapag-Lloyd: Increasing rates from East Asia to Australia, the US and Canada from September 1
According to Hapag-Lloyd, this GRI is needed to make sure that it can continue to offer the quality service to its customers.
Cargo volume at Panama ports increased by 13.7% in the first half of 2020
In the first half of 2020, cargo throughput at Panama ports increased by 13.7% to 3.8 million tons from the same period last year. While the first half of 2019, the growth in cargo volume was only 0.6%.
MSC launched a new service and upgraded four other services to the intra-Asia market
MSC (Mediterranean Shipping Company) - the second largest container shipping company in the world - has just announced the launch of a new service and upgrade of four existing shipping services to expand its intra-Asia market.
Floods in China disrupts supply chains
According to a Resilinc statement, about 30 of more than 1,800 production sites in parts of China such as Anhui, Hubei, Jiangxi and Zhejiang were affected by floods last week and earlier this week. The rainy season in China has started from June 1.
MSC launched an online instant quote system
MSC's Instant Quote function is currently available for shipments from North America to Europe and from Asia to Europe. Through its "myMSC" online account, shippers can receive instant quotes in just a few clicks anytime 24/7.
CEVA targets smaller shippers with online booking and management tools
CEVA Logistics launches a platform that provides instant booking functionality and is manageable by shippers themselves, a step up based on the instant pricing feature they have launched since September 2019.
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