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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.

Global shipping fleet value hits all-time high of $1.2 trillion

Phaata

30-08-2021

The value of the global shipping fleet is at an all-time high of $1.2 trillion, of which the value of the Greek-owned fleet has increased by more than 32% over the past three years and is now in at $132.58 billion, as reported by VesselsValue.

International shipping and logistics market (updated week 34/2021)

Phaata

28-08-2021

Update on the international logistics and container shipping market on Asia, Europe and North America routes in the week of 34/2021.

COSCO accepts to pay the highest charter rates when hunting for container ships

Phaata

26-08-2021

Shipping lines MSC, CMA CGM, ZIM and COSCO competed in trying to reach the top shipowners with very high charter rates for 36 months.

Container shortages, port congestion and ship delays have pushed freight rates sky-high

Phaata

25-08-2021

According to online trading platform Container xChange, the shutdown of Yantian port in southern China in June caused container freight rates to skyrocket by 180%.

Ningbo Meishan terminal re-opens after two-weeks shutdown

Phaata

25-08-2021

Container vessels have resumed docking at Meishan port in Ningbo, China after being suspended for two weeks to combat the epidemic, adding to optimism that all operations at Ningbo port will be restored.

Asian container shipping lines have a sudden increase in profits in the H1 of the year

Phaata

24-08-2021

Asian container shipping lines, exploiting global or regional markets, have enjoyed huge profit increases when freight rates are high due to port congestion and supply chain disruptions.

Potential new services on the Asia-North America West Coast route

Phaata

23-08-2021

Following the volume decline of many services on the Asia-North America West Coast route due to the pandemic, there has been a return of growth on the route. As of August 2020, only 39 shipping services are offered weekly, which has increased to 53 from August 2021.

International shipping and logistics market (updated week 33/2021)

Phaata

21-08-2021

Update on the international logistics and container shipping market on Asia, Europe and North America routes in the week of 33/2021.

SITC continues to expand its fleet as its first 6 months profit triples

Phaata

19-08-2021

With profits tripling over the same period last year, SITC said it will continue to buy old ships and order new construction "at reasonable prices".

More sailing cancellations forecast during Chinese Golden Week

Phaata

19-08-2021

Shippers could face more difficulties in the coming weeks ahead of expectations of more sailing cancellations during China's Golden Week holiday in early October.