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%.
Top 10 Vietnam's export markets for textile, garment, leather and shoes in the first 7 months of 2020
China, Cambodia, Indonesia and Japan are Vietnam's export markets for textile, garment, leather and footwear materials and accessories with a turnover of over USD 10 million in July.
Shrimp exports of Vietnam to the US increased by 33% in the first 7 months of the year
According to the Association of Seafood Exporters and Producers (VASEP) of Vietnam, in July, Vietnam's shrimp exports reached USD 388.5 million, an increase of 16.3% compared to July 2019. In the first 7 months of this year, shrimp exports reached USD 1.9 billion, up 7.7% over the same period last year.
Reefer shipping trade to see annual growth of 3.7% to 2024
The global seaborne reefer trade is expected to clock an annual expansion of 3.7% to reach 156m tonnes by 2024, according to a forecast by analyst Drewry.
Competition in the intra-Asia region intensified as shipping lines deploy more services in Southeast Asia
An additional sign of intra-Asia container shipping growth is Korea's Incheon Port has new connections with Southeast Asia, through the launch of new services providing regional connections.
Container lines learning to make money in adversity
The second quarter financial reporting season is in full swing and container lines results rather than being the expected bloodbath with statements full of red ink are in general actually more profitable than they were a year ago.
Green Dragon International Logistics Company: Service commitment always comes first
Green Dragon Int'l Logistics began its business in 2010 with experienced "hand-on" people, running a viable and dynamic organization. We have fully licensed to carry out all frienght forwarding and logistics operations in Vietnam. We have all legal and strong financial status to guarantee to be a high standard of service.
ITL Corp: Spending trillion on acquiring logistics segment of Gelex and just received a loan of USD 70 million from IFC
Last year, Symphony Logistics PTE LTD spent USD 42.6 million buying a 25.12% stake in ITL from the Singapore Post.
OOCL proceeds to order many mega-vessels despite the pandemic challenges
Orient Overseas Container Line (OOCL) has announced it will follow its long-term plans and will process with its March order of five 23,000TEU container ships, despite the Covid-19 crisis.
International air freight volumes increase monthly
The volume of international air freight continues to increase monthly as leading courier operators seek to gain market share and increase profits.
Despite COVID-19, Vietnam still maintains stable market share of rubber exports to the US
Vietnam is the 14th largest rubber supplier to the US, the export volume in the first 6 months of 2020 reached 13,600 tons, worth USD 20.42 million, down 11.7% in volume, but up 2.8%. in value over the same period in 2019.
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