EUA Prices Hover Around EUR 82/Tonne in Mid-August: A Key Indicator to Watch for Q4/2026 ETS/FuelEU Surcharges
December 2026 EU Allowance (EUA) futures on ICE Endex closed at EUR 81.58/tonne on August 17, 2026, marking their lowest settlement in nearly two weeks. During the preceding week, total trading volume hit 72.4 million tonnes of allowances—the second-lowest weekly volume recorded since early 2026. By the morning of August 18, prices remained 15.30% higher year-over-year, according to TradingEconomics.
Hormuz Strait Vessel Traffic Edges Up After the Weekend
Vessel traffic through the Strait of Hormuz edged up to six vessels on August 17 but remained well below the 10-day average, as US-Iran talks continued to struggle to reach an agreement.
Global Air Cargo Spot Rates Ease to $3.12/kg Ahead of Peak
Market intelligence reports from Xeneta and IATA indicate that global air cargo spot rates in July and early August 2026 declined by 6% month-on-month, averaging $3.12 per kg. This downward movement suggests that the air freight sector is entering a consolidation phase, with shippers taking a cautious stance toward charter flight commitments ahead of the year-end peak.
International Shipping and Logistics Market Update Week 33/2026 | 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 33 (from Aug 10 - Aug 16), 2026.
MSC Adjusts Port Rotation on Asia–US West Coast Service
MSC has adjusted the port rotation on its Pearl and Sentosa services connecting Asia with the US West Coast, with changes involving Hai Phong, Xiamen, Oakland and Long Beach.
Q3/2026 Europe-Bound Environmental Surcharges: Maersk and ONE Differ by $49/FEU, While MSC Quotes by TEU
An analysis of Q3/2026 environmental surcharges imposed by Maersk, ONE and MSC on Europe-bound services, including differences in surcharge levels, TEU/FEU charging structures and the potential impact of EUA prices on logistics costs in Q4.
Panama Canal Tightens Draft Limits in Three Consecutive Steps as Four Carriers Impose Surcharges Differing by Up to 3.2 Times
The Panama Canal Authority (ACP) will lower the maximum allowable draft for Neopanamax vessels to 48.5 ft, 48.0 ft and 47.5 ft in three consecutive stages. Meanwhile, four major carriers have announced transit surcharges ranging from USD 100 to USD 320/TEU, with CMA CGM subsequently raising its surcharge to USD 500/TEU from September.
Intra-Asia Freight Rates End Six-Week Slide: IACI Rises to USD 970/FEU as Emergency Fuel Surcharges of USD 38–75/TEU Emerge on Short-Haul Trades
Drewry’s Intra-Asia Container Index (IACI) rose 1% to USD 970/FEU, ending a six-week run of consecutive declines. However, the intra-Asia market is becoming increasingly fragmented, with rates to South Asia and the Gulf rising while several Southeast Asian trades recorded sharp declines. At the same time, carriers have begun introducing Emergency Fuel Surcharges of USD 38–75/TEU on a number of short-haul routes.
Europe Freight Rates Continue to Fall as Carriers Abandon August 1 Increase, Look to August 15
Container freight rates on the Asia–Europe trade continued to decline in early August as carriers abandoned their planned August 1 rate increases and shifted their focus to new FAK (Freight All Kinds) rates taking effect on August 15. However, actual market transaction rates remain significantly below carriers’ published tariff levels.
Houthis Threaten to Target Vessels Calling at Saudi Ports, Escalating Supply Chain Risks
Yemen's Houthi movement has issued a direct warning to commercial shipping lines, ordering them not to load or discharge cargo at Saudi Arabian ports and threatening to attack vessels that fail to comply. The move has significantly heightened risks to energy supply chains and maritime operations in the Red Sea.
International Shipping and Logistics Market Update Week 29/2026 | 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 29 (from Jul 13 - Jul 19), 2026.
COSCO Shipping Bulk Orders Four Newcastlemax Bulk Carriers at CSSC Qingdao Beihai
COSCO Shipping Bulk has continued to expand its fleet by ordering four 210,000 DWT Newcastlemax bulk carriers from CSSC Qingdao Beihai Shipbuilding, strengthening its dry bulk transportation capacity while preparing for the industry's transition toward greener marine fuels.
MSC Restructures Transatlantic Network, Suspends NEUSEC2 Service
MSC is continuing to reshape its transatlantic network by suspending the NEUSEC2 service and integrating several port calls into the EcuadorNWC-USA service, aiming to optimize vessel deployment and improve operational efficiency.
MSC Introduces Peak Season Surcharge (PSS) for North Europe–North America Trade
Effective 15 August 2026, Mediterranean Shipping Company (MSC) will implement a Peak Season Surcharge (PSS) on cargo shipped from Northern Europe to the United States, Puerto Rico, and the Bahamas, with charges of up to USD 1,200 per container.
COSCO SHIPPING Launches CHX3 Service to Strengthen Peru–Costa Rica Connectivity
COSCO SHIPPING Lines has officially launched its weekly CHX3 service, providing a direct connection between Peru and Costa Rica. The new service is expected to enhance cold chain logistics efficiency and shorten transit times for cargo bound for Asian markets.
Commercial Vessel Traffic Through the Strait of Hormuz Falls to Its Lowest Level Since May
Commercial shipping activity through the Strait of Hormuz has dropped to its lowest level since May as tensions between the United States and Iran continue to escalate. Fresh attacks and the growing risk of a maritime blockade are raising new concerns over the security of global energy supply chains.
Maersk Introduces Low Water Surcharge (LWC) on Europe–Canada Trade
Effective August 1, 2026, Maersk will introduce a Low Water Surcharge (LWC) on shipments from Europe to Montreal and Halifax, Canada, with charges of up to US$300 per container.
Maersk Adjusts Fuel Surcharges for Inland Transport Services Across Multiple European Markets
Maersk will revise its fuel surcharges for inland and intermodal transport services across several European markets from July 20, 2026, in response to ongoing energy price volatility driven by geopolitical tensions in the Middle East.
Hapag-Lloyd Announces US$1,000 GRI/GRA Increase on North America-Bound Shipments
Hapag-Lloyd will implement a General Rate Increase (GRI)/General Rate Adjustment (GRA) of US$1,000 per container for shipments from the Indian Subcontinent, Pakistan, and the Middle East to the United States and Canada, effective August 15, 2026.
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