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ONE Henry Hudson Fire Incident: Cargo Discharge Complete, Vessel Departs Los Angeles for Repairs in Asia

Phaata

24-01-2026

Two months following the severe fire at the Port of Los Angeles, the ONE Henry Hudson (8,212 TEU) has concluded cargo discharge and is en route to Asia for repairs. Ocean Network Express (ONE) requires shippers to finalize General Average procedures for container release.

CMA CGM Welcomes 400th Owned Vessel: A Methanol Milestone with the 'Mega-Vessel' CMA CGM MONTE CRISTO

Phaata

24-01-2026

The CMA CGM Group has officially taken delivery of the CMA CGM MONTE CRISTO, marking the 400th vessel in its owned fleet. This is the first in a series of six 15,000 TEU Methanol-powered vessels, set to officially operate on the BEX2 service connecting North Asia and the Mediterranean starting in late January 2026.

PIL Secures Deal for 8 LNG Dual-Fuel Neo-Panamax Vessels

Phaata

23-01-2026

Pacific International Lines (PIL) has signed agreements to order 8 LNG dual-fuel Neo-Panamax container ships, split evenly between major shipyards in China and South Korea.

Lunar New Year 2026 Logistics Strategy: Shippers Prioritize Critical SKU Replenishment Over Mass Stockpiling

Phaata

23-01-2026

Supply chain experts observe a strategic shift for the Year of the Horse (2026): Instead of the mass inventory stockpiling seen in previous years, shippers are focusing on replenishing critical Stock Keeping Units (SKUs) to balance costs against the risk of supply chain fractures.

Port of Los Angeles Surpasses 10 Million TEU in 2025 - Marking the Third Time in History

Phaata

23-01-2026

Despite tariff headwinds, the Port of Los Angeles closed 2025 with a throughput of 10.2 million TEUs – crossing this milestone for the third time in its history.

Vienna Airport Sets New Air Cargo Record in 2025

Phaata

22-01-2026

With total throughput reaching a record 313,763 tonnes in 2025, Vienna Airport continues to affirm its position as a key logistics gateway for Central and Eastern Europe.

CMA CGM Scraps Red Sea Plans for Asia-Europe Trade; Xeneta Warns of Supply Chain Unpredictability

Phaata

21-01-2026

CMA CGM has announced a return to Cape of Good Hope routings for Asia-Europe trades, reversing its recent decision to transit the Red Sea. Experts from Xeneta warn that this constant shifting creates instability for shippers, eroding trust in schedule reliability and increasing inventory management risks.

Pre-Lunar New Year Air Freight Peak: Shippers Urged to Book Early

Phaata

21-01-2026

Ahead of the Lunar New Year (February 17), leading freight forwarders such as Scan Global Logistics and Dachser are collectively warning shippers to book 1-2 weeks in advance. Extended factory closures and airline flight cuts are expected to cause severe capacity shortages across Asia.

Surging India-Iran Air Freight: Risk of 'Collateral Damage' from Proposed US 25% Tariffs

Phaata

20-01-2026

Air cargo volumes from India to Iran have surged nearly 200% over the past five years. However, this growth momentum faces significant challenges as US President Donald Trump’s proposal to impose a 25% tariff on Iran’s trading partners threatens to disrupt this burgeoning supply chain.

Forecast of container shipping market share change as the 2M alliance break-up

Phaata

16-02-2023

On the Transpacific route, Maersk will be the smallest of the major carriers and alliances. MSC will be in a stronger position than Maersk, but still slightly smaller than THE Alliance, and Ocean Alliance will have an extremely strong position in the market.

Maersk sues Evergreen and Shoei Kisen over Ever Given's blocking of the Suez Canal

Phaata

15-02-2023

Maersk filed a lawsuit against owner Shoei Kisen and shipping line Evergreen because the Ever Given vessel blocked the Suez Canal for six days in 2021, claiming compensation caused by the incident.

Container shipping lines divert fleets to Middle East and India routes

Phaata

14-02-2023

Services related to the Middle East and India added the most capacity to 320,600 TEUs (+11% increase) in 2022.

Russian railway companies struggle with volume drop due to sanctions

Phaata

13-02-2023

The Russian container market fell 15.8% year-on-year, import volume fell 12%, to 2.1 million TEU, while export volume plummeted 25%, to 1.5 million TEU due to sanctions.

Drewry Container Index slips below $2,000 per FEU

Phaata

11-02-2023

Drewry's World Container Index (WCI) has dipped below $2,000/feu from a peak of $10,377 in 2021.

International shipping and logistics market update - Week 6/2023

Phaata

10-02-2023

International logistics and container shipping market update on Asia, Europe and North America routes in the week of 6/2023.

Maersk profits $30.9 billion in 2022, expects to drop at least 84% in 2023

Phaata

09-02-2023

AP Moller – Maersk reports best-ever profit of $30.9 billion for 2022, but is expected to earn less than a fifth of that figure in 2023 as the container shipping market declines.

Hapag-Lloyd announces general rate increase from Asia to Latin America

Phaata

08-02-2023

Hapag-Lloyd will implement a General Rate Increase for cargo transportation from Asia, excluding Japan, to destinations in Latin America, effective from February 21st, 2023.

DSV to grow gross profit 33% in 2022 after merging Agility GIL

Phaata

07-02-2023

DSV's revenue grew over 20% to US$ 35 billion, gross profit increased 33% to $7.6 billion, and exceptional profit before interest and tax (EBIT) before exceptional items almost doubled to nearly US$ 4 billion.

Excess capacity could cause a new price war among container lines, warns Evergreen chairman

Phaata

06-02-2023

With a large number of newly delivered large container ships starting this year, if consumption does not keep pace with the growth of supply, container shipping companies could revert to a price war like pre-pandemic.