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%.
New record: 81 container ships waiting outside the ports of Los Angeles and Long Beach
The number of container ships in long queues at the ports of Los Angeles and Long Beach (LA/LB) surpassed 80 for the first time.
CMA CGM acquires FMS terminal in Los Angeles for $2.3 billion
CMA CGM acquires Fenix Marine Services (FMS), which is one of the largest container terminals in Los Angeles and one of the most strategic gateways in the US.
CNC Line launches SGS service connecting Singapore and Vietnam
According to CNC Line, the competitive advantage of SGS service is direct transportation between Ho Chi Minh and Singapore, providing connection to the global shipping service network through the Singapore transit port.
Container freight rates on the transpacific route have fallen by 50% since September
Spot container freight rates fell sharply in October, with the price of shipping a 40-foot container from China to the Port of Los Angeles dropping from a high of $17,500 to $8,500, or down 51.4% compared to September 2021.
Suez Canal increases transit tolls, putting pressure on global supply chains
While the shipping industry is still recovering from the crisis from the Ever Given incident, the Suez Canal increasing 6% in transit tolls. Suez Canal
International shipping and logistics market (updated week 44/2021)
Update on the international logistics and container shipping market on Asia, Europe and North America routes in the week of 44/2021.
Chittagong Port requires inbound containers to be sealed with bullet seals
The Chittagong Port Authority said it could refuse to accept the containers and refuse to unload at the wharfs if the containers are not sealed with bullet seals.
OOCL warns of fake email and website activities to scam money transfer
Shipping line OOCL announced an increase in fraudulent activities, spoofing its email and website to trick victims into transferring money.
Maersk acquires Senator International to boost aviation business
AP Moller-Maersk is acquiring German forwarding company Senator International to boost air cargo volume following record third quarter results.
Wan Min appointed Chairman of COSCO Shipping
China COSCO SHIPPING Corporation has announced the decision to change its main responsible personnel; Mr. Wan Min is appointed Chairman cum Secretary of the Party Committee of the Corporation; Mr. Xu Lirong retired.
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