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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.

Number of ships waiting to pass through the Panama Canal increasing

Phaata

14-11-2023

As of November 13, 2023, there were 123 ships waiting to pass through the Panama Canal, significantly higher than the average of 90 ships recorded in the past 7 years, since this vital waterway opened. expanded.

Falling container freight rates dragged down CMA CGM's third quarter financial results

Phaata

13-11-2023

CMA CGM Group's Board of Directors met on November 10 to review its financial and operating results for the third quarter of 2023, in which its container throughput increased slightly by 0.9% year-on-year ago, reaching a total of 5.7 million TEU.

Will the South Korean Government Sell HMM?

Phaata

11-11-2023

According to Busan civic organizations and many members of South Korea's maritime industry, they have proposed nationalizing the HMM shipping company, starting a campaign to persuade the government to stop seeking buyers for the country's largest shipping company.

International shipping and logistics market update - Week 45/2023

Phaata

10-11-2023

International logistics and container shipping market update on Asia, Europe and North America routes in the week of 45/2023.

MSC owns largest fleet of old container ships in the world

Phaata

09-11-2023

According to analyst Alphaliner, MSC Shipping Line controls nearly 25% of all old container ships 20 years old or older, and is the largest owner of old container ships in the world today.

Maersk increases ship chartering to compete with MSC

Phaata

08-11-2023

The world's second largest shipping company, Maersk Line, actively chartered ships at the end of October, in the context of the Danish shipping giant trying to narrow the gap with rival MSC, the shipping company that replaced Maersk is at the top of the fleet rankings at the start of 2022.

ONE completes acquisition of US West Coast and Rotterdam terminals

Phaata

07-11-2023

Shipping line ONE (Ocean Network Express) has expanded its terminal footprint on the US West Coast and Europe with the completion of the acquisition of shares owned by its Japanese parent companies.

Maersk announces reduction of minimum 10,000 jobs

Phaata

06-11-2023

Falling revenue and profits in the third quarter of 2023 forced Maersk, the Danish container shipping company, to cut more than 10,000 jobs.

International shipping and logistics market update - Week 44/2023

Phaata

03-11-2023

International logistics and container shipping market update on Asia, Europe and North America routes in the week of 44/2023.

COSCO SHIPPING Ports reports Q3 2023: Revenue growth steady despite falling profits

Phaata

02-11-2023

Revenue increased 2.7% year-on-year to US$358.9 million, however, the company's profit decreased 4.0% to US$83.3 million, due to sales and other expenses higher.