by Diego Carmona

What moves your costs, your transit times and your cargo today.

Good morning. The day is shaped by two immediate risks: H7 declaration rejections from Sunday and port mobilisation that could leave cargo unhandled at several Mediterranean nodes. The rest consists of capacity and routing adjustments that need to be incorporated into bookings, rather than structural changes in the market.

The figure of the dayMore than 100 portsUSB says the international mobilisation on 30 October will reach terminals in 17 countries, although participation will vary by port.

THE DAY IN 30 SECONDS

  • Spain’s AEAT warns of potentially widespread H7 declaration rejections when it activates new validations on 1 November.
  • USB is maintaining its international port mobilisation for 30 October and a 24-hour stoppage at Italian ports.
  • Expeditors reports continuing air-cargo restrictions in Saudi Arabia, with no road alternative available for shipments bound for Riyadh.
  • Three maritime drones struck a container ship off Bulgaria; the crew was rescued and Black Sea routings face additional risk.
  • WorldACD recorded a 4% weekly increase in global air-cargo rates between 12 and 18 October.
  • The Barking derailment is reducing rail services at London Gateway and suspending rail access to Tilbury this week.
  • Boluda has agreed to acquire Samskip and projects a multimodal network of 32 vessels, 21 maritime terminals and five rail terminals.
  • Challenge has announced two weekly India-Liège-Chicago frequencies, while Avion will apply higher Europe-Oceania rates from Sunday.
  • The AEAT has published NCTS6 revision 1.21, with new rules adapting transit movements to the Gibraltar agreement.

TODAY IN FIGURES

$4,585/FEUDrewry World Container Index (WCI), composite · +2% on the weekSource: Drewry, 22 October 2026
1,876.27 pointsChina Containerized Freight Index (CCFI) · −2.4% on the weekSource: Shanghai Shipping Exchange, 23 October 2026
$1,000.50/tVLSFO bunker fuel, Singapore · +$10.50/t on the previous readingSource: Ship & Bunker, 28 October 2026
2,525 pointsHARPEX container ship charter index · +57 points on the weekSource: Harper Petersen, 23 October 2026
$6.88/kgChina–US air freight rate · +19% on the weekSource: Freightos, 21 October 2026

🚪 CUSTOMS

AEAT warns of H7 rejections from 1 November

Why it matters: AEAT is finding that most test declarations containing product identifiers would fail the validations entering production on Sunday. Under DDP, the seller is responsible for ensuring clearance; under DAP, the obligation normally rests with the buyer. Document mappings in software and customs-agent systems need to be aligned before the change takes effect.

  • For additional procedure codes F48, F49 and F53, where F15 is not declared, each item must include at least one C127 and one C128.
  • Each item will also require a C129 document or an additional reference Y081.
  • If any of these codes is declared at header level, it cannot be repeated in individual items; if it does not appear in the header, it must be reported item by item.

What to watch: rejection volumes during the first hours of 1 November and any last-minute technical easing.

Source →

AEAT revises NCTS6 transit rules for Gibraltar

The figure: revision 1.21 of the technical guide for transit web services

On 28 October, AEAT published a new revision of the messages exchanged between operators and Customs through NCTS6. The changes mainly concern rules resulting from the adaptation of transit declarations to the EU-UK agreement on Gibraltar, in force since 15 July.

Why it matters: operators generating NCTS6 messages through their own systems may need to compare the revision against their current developments. The change could require an update before new transit movements linked to Gibraltar are lodged.

Source →

🚢 OCEAN SHIPPING

Three drones strike a container ship off Bulgaria

The figure: three maritime drones struck the vessel

Bulgaria’s defence minister said on 28 October that three maritime drones struck a container ship in the Black Sea off the Bulgarian coast. The crew abandoned the vessel and was rescued by naval and border-police units.

Why it matters: the incident broadens the risk for services linking Constanta and Bulgarian ports with the Mediterranean. War-risk cover, actual routing and deviation clauses become more significant for cargo already shipped towards the Black Sea.

What to watch: potential exclusion zones, naval escorts or port-call suspensions announced by shipping lines.

Source →

⚓ PORTS AND CONGESTION

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