U.S. and China officially extend trade truce by two months
The U.S. and China extend tariff reductions and a pause on other trade actions by two months, until January 10, 2027, according to Supply Chain Dive.
MSC increases December 2026 FAK rates on Far East–Mediterranean and Black Sea trades
Effective December 1, 2026, MSC will increase its Freight All Kinds (FAK) rates from the Far East to the Mediterranean, North Africa and Black Sea, with rates reaching as high as USD 8,200 per 40-foot container. Rates to Northern Europe will remain unchanged.
CMA CGM Announces New Peak Season Surcharges on Services from Asia to the Mediterranean and Mauritius
CMA CGM will introduce new Peak Season Surcharges (PSS) from November 2026, reaching up to US$1,600 per 40-foot container on services to the Mediterranean and North Africa, alongside revised charges for shipments to Mauritius.
COSCO Shipping Energy Plans 24-Vessel VLCC Fleet Expansion
COSCO Shipping Energy has unveiled a major fleet expansion program comprising 24 Very Large Crude Carriers (VLCCs), split between 10 direct newbuilding orders valued at $1.42 billion and 14 long-term bareboat charters, with deliveries scheduled across 2029–2030.
Evergreen's EVER EON Transits Suez Canal, Marking Return After Nearly Three Years of Disruption
Evergreen's 16,556-TEU container ship EVER EON transited the Suez Canal on November 8, 2026, marking the carrier's return to the key maritime route after nearly three years of disruption caused by the Red Sea crisis.
International Shipping and Logistics Market Update Week 45/2026 | 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 45 (from Nov 02 - Nov 08), 2026.
MSC Extends PRS and SCS Coverage to All Mediterranean and Black Sea Ports
MSC will extend the application of its PRS and SCS surcharges to cargo moving from Asia to the remaining ports across the Mediterranean and Black Sea, effective November 15, 2026, based on the proforma sailing date, until further notice.
Hapag-Lloyd Imposes US$400/TEU PSS on Cargo from Asia and Oceania to Tema
Hapag-Lloyd will apply a USD 400/TEU PSS to all container types from Asia and Oceania to Tema for cargo loaded from 6 November 2026.
Kuehne+Nagel Port Operations Update: Vessel Waiting Times in Ningbo and Shanghai Exceed Two Days
Kuehne+Nagel's port operations update for October 27–November 3, 2026, reports vessel waiting times of more than two days in Ningbo and Shanghai following typhoon-related disruptions, while yard utilization at Vung Tau remains elevated at 90–95%.
COMESA Competition Commission in Africa investigates Maersk, CMA CGM and UAFL over freight rate violations
Three container shipping lines including Maersk, CMA CGM and United Africa Feeder Line (UAFL) are currently being investigated by the COMESA Competition Commission for possible violations of regulations on freight rates.
COSCO kicks off electric container ship project
COSCO Shipping has announced plans for two 700-TEU electric container ships, which are expected to operate on the Yangtze River mainline.
Concerns about port congestion increased when Shanghai began to be blockade
Congestion at the Port of Shanghai - which is the world's largest container port - is expected to increase as Shanghai will be locked down to carry out widespread Covid-19 testing.
Freight rates of container shipping contracts expected to increase in 2022
Although there has been a decline in spot container freight rates, there are still many bottlenecks and the Covid situation in China, as well as a possible labor dispute on the US West Coast, should be forecast. Expected that, the freight rates of long-term contracts will be relatively high throughout 2022.
Container freight rates for Asia-Mediterranean route remain stable until the end of the year
Xeneta forecasts that container shipping prices on the Asia-Mediterranean route will remain stable this year.
Port of Los Angeles hits new record for handling volume in February
The Port of Los Angeles recorded a new record in February with handling volume reaching 857,764 TEUs, up 7.3% year-over-year.
Wan Hai launches new service connecting China - Vietnam - India
Wan Hai Lines will strengthen its intra-Asia service network expansion with the new service CI7, connecting South China, Vietnam and East India.
Evergreen's Ever Forward vessel runs aground in Chesapeake Bay
Evergreen's 12,118 teu container ship - Ever Forward - ran aground in shallow water while departing from the port of Baltimore for Norfolk on the evening of March 13.
Evergreen's profit increased 9 times, reaching US$9.5 billion in 2021
Evergreen shipping line has achieved a 9-fold increase in profits to reach $9.5 billion in 2021 and is expected to repeat this stellar performance in 2022, as congestion in major ports of America and Europe continues.
IACS Council withdraws the membership of Russian Maritime Register of Shipping
The International Association of Classification Societies (IACS) has decided to withdraw the continued membership of Russian Maritime Register of Shipping (RMRS) in IACS due to Russia's attack in Ukraine.
Featured News
- Hapag-Lloyd applies Peak Season Surcharge from East Asia to USA and Canada
- The world\'s largest container ships MSC Irina and MSC Loreto floated
- MSC (Mediterranean Shipping Company) - The world\'s leading container shipping lines
- Information you need to know about Maersk Line
- Top 10 export and import goods between Vietnam - Philippines in the first 5 months of 2020
HOT PROMO
See more
Why do thousands of businesses trust Phaata?
USERS/MONTH
LOGISTICS COMPANIES
REQUEST FOR QUOTEŚ
QUOTATIONS
VIETNAM LOGISTICS COMMUNITY
5 Steps to Get the Best Quote
Find a price quickly/Send a RFQ
Compare multiple options
Contact for Further Consultation
Negotiating prices/services
Management & rating
Freight rates
Warehouse