Market news

Select service type

Request for quotes

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.

International shipping and logistics market update - Week 52/2023

Phaata

29-12-2023

International logistics and container shipping market update on Asia, Europe and North America routes in the week of 52/2023.

MSC Statement on MSC UNITED VIII Incident in Red Sea

Phaata

26-12-2023

MSC confirms that on 26 December 2023 the container ship MSC UNITED VIII was attacked while transiting the Red Sea.

THE Alliance extends suspension period for some services

Phaata

25-12-2023

Container shipping alliance THE Alliance (THEA) has announced a further extension of suspension into next year for some services on the Pacific and Asia–Europe routes.

Shipping lines changed routes due to escalating security concerns at Bab-al-Mandeb

Phaata

23-12-2023

Security concerns in the Bab-el-Mandeb Strait have prompted several major shipping lines to suspend passage through the Red Sea, rerouting their vessels around Africa or via the Cape of Good Hope.

International shipping and logistics market update - Week 51/2023

Phaata

22-12-2023

International logistics and container shipping market update on Asia, Europe and North America routes in the week of 51/2023.

CMA CGM Implements Red Sea Charge Amidst Ongoing Safety Measures

Phaata

21-12-2023

Amid escalating safety concerns in the Red Sea, CMA CGM, a prominent shipping line, implements critical operational adjustments and introduces the RED SEA Charge to ensure vessel and cargo safety

Red Sea Crisis: Container Shipping Rates Skyrocket, Consumers Expected to Feel the Impact

Phaata

20-12-2023

Consumers around the world are expected to bear the brunt of the ongoing crisis in the Red Sea after missile attacks on cargo ships threw supply chains into chaos.

Risk of supply chain crisis from Suez Canal

Phaata

18-12-2023

Houthi attacks on cargo ships passing through the Red Sea and Gulf of Aden could reduce the number of ships passing through the Suez Canal, possibly leading to a global supply chain crisis.

International shipping and logistics market update - Week 50/2023

Phaata

16-12-2023

International logistics and container shipping market update on Asia, Europe and North America routes in the week of 50/2023.

COSCO SHIPPING Launches Sustainable Shipping Service Hi ECO

Phaata

15-12-2023

COSCO SHIPPING Lines awarded its first green transportation certificate at Volvo's Asia Pacific headquarters on December 5, based on the company's use of the Hi ECO green transportation product.