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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.

Container freight rates increased slowly as Lunar New Year approaches

Phaata

23-01-2024

Container rates are expected to stabilize before Lunar New Year as the initial shock of the Red Sea crisis passes and new ships are deployed to meet the challenge of maintaining weekly services.

International shipping and logistics market update - Week 03/2024

Phaata

20-01-2024

International logistics and container shipping market update on Asia, Europe and North America routes in the week of 03/2024.

Port of Long Beach Achieves Throughput of Over 8 Million TEUs in 2023

Phaata

19-01-2024

The Port of Long Beach recorded a total throughput of 8,018,668 TEUs in 2023, marking a 12.2% decrease compared to 2022.

Red Sea Crisis: Second Largest Capacity Drop Since the Ever Given Grounding

Phaata

18-01-2024

According to Sea-Intelligence, the Red Sea crisis has caused a significant capacity drop, second only to the Ever Given grounding incident, even surpassing the initial impact of the Covid-19 pandemic.

Maersk and Hapag-Lloyd Partner to Form New Alliance

Phaata

17-01-2024

The new "Gemini Cooperation" is set to commence in February 2025, with the ambition to provide a flexible and interconnected maritime transport network with industry-leading reliability.

Decline in Suez Canal Revenue Could Impact Egypt's Economy

Phaata

16-01-2024

According to the Suez Canal Authority (SCA), dollar revenues from the canal have decreased by 40% compared to the beginning of the year relative to 2023, while the volume of ship traffic has decreased by 30% compared to the same period.

Red Sea-Suez Crisis: Shipping Rates from Asia to Northern Europe and Mediterranean Quadruple

Phaata

15-01-2024

The crisis in the Red Sea-Suez area has led about 90% of container ships to reroute via Cape of Good Hope, resulting in a fourfold increase in shipping rates on the Asia to Northern Europe and Mediterranean trade routes.

Cosco Shipping acquired Italian logistics company Trasgo

Phaata

12-01-2024

Cosco Shipping has just announced the acquisition of Italian logistics supply chain company Trasgo through Coscos Srl, a joint venture between Cosco Shipping Europe and Fratelli Cosulich.