ONE Henry Hudson Fire Incident: Cargo Discharge Complete, Vessel Departs Los Angeles for Repairs in Asia
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
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
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
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
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
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
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
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
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.
HMM bidding narrows to two South Korean groups
Dongwon Group and Harim Group will compete to gain control of South Korea's leading container shipping company - HMM.
International shipping and logistics market update - Week 47/2023
International logistics and container shipping market update on Asia, Europe and North America routes in the week of 47/2023.
Air freight rates continue to increase
Air freight rates continued to rise last week as weather conditions, volcanic activity and war put pressure on transport capacity.
Margins of container shipping lines dropped sharply compared to pre-Covid-19 pandemic levels
The average operating margin of leading container shipping lines fell from an average of 2.4% in 2019 to a very low 1.5% in the third quarter of 2023.
Abu Dhabi Ports finalising to buy Indonesia's largest shipping line
Abu Dhabi Ports (AD Ports) is said to be in the process of completing an agreement to acquire Meratus, Indonesia's largest container shipping line, in a deal worth about $2 billion.
Imports to the US West Coast increased as East Coast and Gulf ports affected
Import volumes into US West Coast ports increased 12.7% month over month, while East Coast ports decreased 5.1%.
International shipping and logistics market update - Week 46/2023
International logistics and container shipping market update on Asia, Europe and North America routes in the week of 46/2023.
Hapag-Lloyd announces simultaneous rate increase on many routes in December
Hapag-Lloyd shipping line will implement a general rate increase (GRI) from several countries in Asia to the West Coast of Latin America, Mexico, the Caribbean and Central America. GRI will take effect from December 1, 2023.
ZIM reports loss of more than 2.2 billion USD in third quarter of 2023
Container shipping line ZIM posted a net loss of $2.27 billion in the third quarter of 2023, while the company posted a net profit of $1.66 billion in the same period last year.
Container rates on the US route dropped as shipping lines added more capacity
Freight rates on the trans-Pacific route are under great pressure as shipping lines begin to add more capacity.
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