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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.

Sea-Intelligence forecasts 16% increase in global TEU*Miles due to Red Sea crisis

Phaata

16-02-2024

According to Sea Intelligence, the global TEU*Mile increased by 16% as the Red Sea crisis required a corresponding 16% increase in capacity and service providers had to find ways to accommodate this spike.

HMM maintains profitability in Q4 2023.

Phaata

15-02-2024

South Korea's HMM container shipping line maintained profitability in the fourth quarter of 2023 despite pressure on the container shipping market.

Maersk May Consider Acquisition of DB Schenker

Phaata

13-02-2024

Maersk may consider acquiring DB Schenker after revealing its stance during the Q4 2023 earnings conference on February 8.

DSV: Red Sea crisis having a limited impact on airfreight

Phaata

12-02-2024

According to DSV, customers are “buffering up” to counter the impact of the Red Sea crisis and have not yet turned to air freight. Air transport

International shipping and logistics market update - Week 6/2024

Phaata

10-02-2024

International logistics and container shipping market update on Asia, Europe and North America routes in the week 6/2024.

Harim Group withdrew from the purchase of HMM

Phaata

08-02-2024

Harim Group announced that it will withdraw from the acquisition of Korea's largest shipping line HMM.

CMA CGM temporarily suspends transit services via Red Sea

Phaata

07-02-2024

Shipping line CMA CGM announced that all services initially routed via the Red Sea route will now bypass the Cape of Good Hope.

Container freight rates on Asia-Europe route adjusted to decrease

Phaata

06-02-2024

The Shanghai Container Freight Index (SCFI) showed that for the third consecutive week, there has been a downward revision in freight rates for Asia-Europe routes, which have been hardest hit by the Red Sea crisis.

Hapag-Lloyd announces new GRI from Asia to destinations in Central and South America

Phaata

05-02-2024

Hapag-Lloyd Shipping Line has announced a new General Rate Increase (GRI) expected to take effect for sailings from Asia (excluding Japan) to Latin America, Mexico, the Caribbean and Central America, starting from March 1, 2024.

COSCO SHIPPING Lines opens branch office in Casablanca

Phaata

02-02-2024

COSCO SHIPPING Lines opens a new branch office in Casablanca, Morocco, to strengthen its presence and trade connections between North Africa and the world.