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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.

OCEAN alliance signed cooperation extension until 2032

Phaata

27-02-2024

The OCEAN Alliance officially signed documents agreeing to extend alliance cooperation for another 5 years, until March 31, 2032.

COSCO and partners extend OCEAN Alliance for another 5 years

Phaata

27-02-2024

The executives of COSCO, CMA CGM, Evergreen and OOCL signed a Memorandum of Understanding to extend the OCEAN Alliance until 2032.

Container Exports from Asia to Europe Surge in 2023

Phaata

26-02-2024

According to the Japan Maritime Center (JMC) using information from Container Trades Statistics (CTS), container exports from Asia to Europe reached 16.58 million TEUs in 2023.

International shipping and logistics market update - Week 8/2024

Phaata

24-02-2024

International logistics and container shipping market update on Asia, Europe and North America routes in the week 8/2024.

Air Freight Rates Drop After Lunar New Year

Phaata

23-02-2024

The latest data from TAC Index shows that the total air freight rate has decreased by 8.2% compared to last week and decreased by 21.2% compared to the same period last year.

Transpacific Container Demand Surges in Early 2024

Phaata

22-02-2024

According to Lynerlytica, westbound container volumes on the transpacific trade lane have surged by 16.9% in January 2024.

Port of Savannah Handles Nearly 430,000 TEUs in January 2024

Phaata

21-02-2024

The Port of Savannah handled a total of 428,000 TEUs in January 2024, a modest increase of 1.5% (or 6,300 containers) compared to the same period last year.

Container Leasing Rates Skyrocket Amid Equipment Repositioning Imbalances

Phaata

20-02-2024

Surging demand for containers on the US West Coast, coupled with imbalanced equipment repositioning, has led to a dramatic increase in container leasing rates.