EUA Prices Hover Around EUR 82/Tonne in Mid-August: A Key Indicator to Watch for Q4/2026 ETS/FuelEU Surcharges
19-08-2026
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.
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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.
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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
13-08-2026
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.
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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
13-08-2026
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.
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Europe Freight Rates Continue to Fall as Carriers Abandon August 1 Increase, Look to August 15
12-08-2026
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.
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Why Is 47.5 Feet a “Dreaded Number” for US East Coast Ports?
12-08-2026
Prolonged drought conditions are forcing the Panama Canal to further reduce its maximum allowable draft to 47.5 feet, prompting carriers to introduce surcharges and increasing pressure on supply chains serving the US East Coast.
International Shipping and Logistics Market Update Week 32/2026 | Phaata
11-08-2026
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 32 (from Aug 3 - Aug 9), 2026.
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Iran Considers Banning US- and Israel-Linked Vessels from Transiting the Strait of Hormuz
10-08-2026
Iran is considering banning vessels linked to the United States and Israel from transiting the Strait of Hormuz, while Tehran and Oman are negotiating a new framework aimed at restoring commercial shipping through the strategic waterway.
MSC Silvana VIII Sinks Further off Zhoushan After Salvage Refloating Attempt Fails
09-08-2026
The 8,401-TEU container ship MSC Silvana VIII has sunk further off Zhoushan, China, after an unsuccessful attempt to refloat the grounded vessel. Salvage operations continue to face significant challenges amid the threat of deteriorating weather conditions.
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CMA CGM Introduces Peak Season Surcharge on Multiple Far East Trade Lanes
07-08-2026
CMA CGM will implement a new Peak Season Surcharge (PSS) on several trade lanes from the Far East to Mozambique, Madagascar, Somalia, and Seychelles effective 10 August 2026, with surcharge levels reaching as high as USD 750 per TEU.
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Maersk Revises Peak Season Surcharge (PSS) for Far East Asia–Latin America Trade
06-08-2026
Maersk has announced an update to its Peak Season Surcharge (PSS) for shipments from Far East Asia to Latin America. Notably, after easing surcharge levels in early August, the carrier will reinstate higher PSS rates during the second half of the month.
Port of New York & New Jersey H1 2026: Throughput Reaches 4.4 Million TEUs as Road Traffic Sets New Records
04-08-2026
The Port of New York and New Jersey (PNYNJ) maintained stable operations in the first half of 2026, handling 4.43 million TEUs. A strong surge in June, driven by an early peak shipping season, also pushed truck traffic across the region’s transport network to record levels.
International Shipping and Logistics Market Update Week 31/2026 | Phaata
03-08-2026
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 31 (from Jul 27 - Aug 2), 2026.
COSCO Invests USD 1.1 Billion in 15 New Newcastlemax Bulk Carriers
03-08-2026
COSCO Shipping Development is investing approximately USD 1.1 billion to build 15 Newcastlemax bulk carriers, expanding its ship leasing portfolio while preparing a next-generation fleet capable of transitioning to green fuels in the future.
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MSC Merges West Africa and Red Sea Services to Optimize Network Operations
03-08-2026
MSC is consolidating its West Mediterranean - West Africa and West Mediterranean - Red Sea services into a single route to optimize fleet deployment, expand port coverage, and enhance overall network efficiency.
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