Market news

Select service type

Request for quotes

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.

International Shipping and Logistics Market Update Week 3/2026 | Phaata

Phaata

19-01-2026

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 3 (from January 12 - 18), 2026.

Global Tanker Market Forecast 2026

Phaata

19-01-2026

Tim Smith, an expert from MSI, assesses that the tanker market enters 2026 on a solid footing driven by geopolitical instability and surging oil production. However, the wave of newbuilding deliveries commencing this year could exert pressure to reverse market trends in the 2027–2028 period.

Red Sea Restart: Signaling Lower Rates for Asia-US Shippers

Phaata

18-01-2026

Maersk’s decision to resume services via the Red Sea could release 6-8% of global shipping capacity, creating significant downward pressure on freight rates for Asia-US shippers as the market enters a crucial contract negotiation phase.

Wan Hai and Interasia Restructure NS5 Service and Launch New TVS Service Connecting Southeast Asia

Phaata

17-01-2026

Wan Hai Lines and Interasia Lines have announced plans to modify the NS5 service route starting next month, adding calls at Phuoc An (Vietnam) and Chiba (Japan). Simultaneously, the carriers are launching a new service, TVS, connecting Taiwan with key Southeast Asian ports.

Chittagong Port requires inbound containers to be sealed with bullet seals

Phaata

05-11-2021

The Chittagong Port Authority said it could refuse to accept the containers and refuse to unload at the wharfs if the containers are not sealed with bullet seals.

OOCL warns of fake email and website activities to scam money transfer

Phaata

04-11-2021

Shipping line OOCL announced an increase in fraudulent activities, spoofing its email and website to trick victims into transferring money.

Maersk acquires Senator International to boost aviation business

Phaata

03-11-2021

AP Moller-Maersk is acquiring German forwarding company Senator International to boost air cargo volume following record third quarter results.

Wan Min appointed Chairman of COSCO Shipping

Phaata

02-11-2021

China COSCO SHIPPING Corporation has announced the decision to change its main responsible personnel; Mr. Wan Min is appointed Chairman cum Secretary of the Party Committee of the Corporation; Mr. Xu Lirong retired.

Wan Hai Lines expands AA7 service from Asia to US East Coast

Phaata

02-11-2021

The new route of AA7 service after being expanded is: Ningbo - Taipei - Xiamen - Shekou - Cai Mep - Port Klang - New York - Charleston– Savannah - Ningbo.

Global supply chain disruption expected through 2022

Phaata

01-11-2021

Speaking at the Container Market Outlook webinar at the end of last month, Simon Heaney, a senior director at Drewry, said that, for now, the company expects the disruption to last until the end of 2022, instead of the previous forecast of the end of the second quarter of 2022.

ONE posted a profit of 4 billion USD in Q2 and expected to reach 12 billion USD in profit in 2021

Phaata

01-11-2021

ONE posted a profit of $4.2 billion for the second quarter, and $6.76 billion for the first half; along with that is forecasted an additional profit of 5 billion USD for the second half of the year.