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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.

Is the Sudden Spike in Container Freight Rates an Overreaction to the Red Sea Diversions?

Phaata

10-01-2024

Container shipping rates for immediate delivery between Asia and Europe have surged by 60% in just two weeks, with even more significant increases on routes like Asia to the West Coast of the USA, which are not directly affected by the Red Sea crisis.

Asia - Europe spot container freight rates increased more than 100% due to Red Sea terrorism

Phaata

09-01-2024

Spot container rates from Asia to Europe have more than doubled in the past two weeks as ships diverted past the Cape of Good Hope to avoid attacks in the Red Sea.

ZIM Expands ZMP Service to Include Cai Mep Port in Vietnam

Phaata

08-01-2024

ZIM has announced a significant expansion to its ZMP service, which links Asia with the East Mediterranean, by adding a new call at Cai Mep Port in Vietnam.

International shipping and logistics market update - Week 01/2024

Phaata

07-01-2024

International logistics and container shipping market update on Asia, Europe and North America routes in the week of 01/2024.

CMA CGM announces new freight rates from Asia to Mediterranean and North Europe

Phaata

06-01-2024

Container shipping line CMA CGM announced the application of new freight rates from Asia to the Mediterranean and North Europe from January 15, 2024.

OOCL launches its first eco-friendly container vessel in 2024: The 24,188 TEU OOCL Valencia

Phaata

05-01-2024

OOCL introduces its first eco-friendly mega container vessel of 2024, with a capacity of 24,188 TEU, named “OOCL Valencia”.

Charter rates for container ships soar due to Red Sea route diversions

Phaata

04-01-2024

In response to the ship supply shortage caused by route diversions in the Red Sea and detours around the Cape of Good Hope, shipowners have significantly increased charter rates, especially for larger ships optimized for long-haul routes.

SCFI index soared 40% as ships diverted around Cape of Good Hope

Phaata

03-01-2024

The SCFI freight rate index increased by 40% on December 29, 2023, as container shipping lines increased rates in response to capacity declines due to diversions in the Red Sea.