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%.
Fire aboard Felicity Ace estimated at least $155 million in cargo damage
The cargo aboard the burning Felicity Ace has been estimated at $401 million and damage has been estimated at at least $155 million, according to risk analysts Russell Group.
Congestion at Asian ports increases
Port congestion is increasing in Asia, with an increase in the average number of container ships per day waiting to dock at major ports, according to Project44 analysts.
International shipping and logistics market - Week 7/2022
International logistics and container shipping market on Asia, Europe and North America routes in the week of 7/2022.
FIT Alliance established to standardize Electronic Bill of Lading for the container shipping industry
BIMCO, International Chamber of Commerce (ICC), SWIFT and FIATA join the Digital Container Shipping Association (DSCA) to standardize and promote the adoption of Electronic Bills of Lading (eBL) in the container shipping industry.
THE Alliance adjusts service network for 2022
THE Alliance’s network has been reconfigured to ensure a comprehensive port coverage. This service network will take effect from the first quarter of 2022.
Rising freight rates help HMM reach a profit of $4.4 billion in 2021
Shipping line HMM reported a net profit of $4.4 billion in 2021, compared with just $100 million in 2020, when sales more than doubled to $11.5 billion.
2M Alliance ends slot swap agreement with SM Line on transpacific service
The slot swap between SM LINE and 2M Alliance on Asia to US West Coast services will end May 8, 2022.
Maersk acquires Pilot Freight Services for $1.7 billion
Maersk plans to buy US-based Pilot Freight Services - which specializes in express delivery of large and bulky goods - in a deal worth $1.68 billion.
International shipping and logistics market - Week 6/2022
International logistics and container shipping market on Asia, Europe and North America routes in the week of 6/2022.
Air freight rates remain high as many challenges
Air freight rates will continue to remain high as capacity and ground handling challenges persist.
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