Mediterranean Shipping Company

MSC to Implement Multiple Rate Hikes and Service Enhancements in December 2025

Mediterranean Shipping Company implemented several freight rate increases on key routes between Far East, Europe, Africa and beyond since December 2025, taking effect December 1. These updates included service enhancements such as faster transit times on Western Cape Express and new port calls; as well as surcharges due to high demand and regulations. These moves reflect market pressures as well as operational adjustments.

Black Sea

MSC Reaches 7 Million TEU Fleet Milestone Amid Strategic Expansion and Operational Challenges

Mediterranean Shipping Company hit unprecedented milestone in November 2025, with capacity of 7 million TEU, first carrier to reach this mark. Expansion followed acquisition of 470 pre-owned vessels but, due to security issues and fuel shortages suspended Mali services temporarily; December freight rates show significant increases across all major base trade lanes.

Panama Canal

Panama Canal Authority Accelerates $8.5B Modernization with New Port Terminals and Infrastructure Projects

The Panama Canal Authority has launched the first chapter in its 10-year, $8.5 billion modernization drive by kicking off consultations for the two transshipment terminals and gas pipeline project. Details were revealed by Administrator Ricaurte Vasquez Morales at the Houston International Maritime Conference. Prequalification rounds for both projects will be held in 2026, while concessions will be finalized two years later in 2027.