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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.

CMA CGM in exclusive negotiations to acquire Bolloré Logistics in a deal worth 5 billion euros

Phaata

19-04-2023

CMA CGM is looking to further expand its logistics business by entering exclusive negotiations to acquire Bolloré Logistics.

HSBC: Spot container freight rates on a ‘likely recovery path’

Phaata

18-04-2023

Spot container freight rates show signs of stabilizing and HSBC has noted the resilience of rates in its latest HSBC Global Research.

New container ship orders hit a record high of 7.54 million TEU

Phaata

17-04-2023

New container ship orders have reached a record high of 7.54 million TEUs signed in the past 10 quarters, equal to the level signed in the previous 30 quarters.

Drewry: The world container freight rate index stable

Phaata

15-04-2023

Drewry's Composite World Container Rate Index (WCI) released on April 13 showed that freight rates remained stable at $1,708.63/FEU in week 15.

Brookfield acquires container leasing company Triton for $4.7 billion

Phaata

14-04-2023

Brookfield Infrastructure Partners is acquiring container leasing company Triton International for $4.7 billion, expected to close in the third quarter of this year.

International shipping and logistics market update - Week 15/2023

Phaata

13-04-2023

International logistics and container shipping market update on Asia, Europe and North America routes in the week of 15/2023.

Baltic index falls on lower dry bulk vessel demand

Phaata

12-04-2023

The Baltic Exchange's dry bulk chartering index fell on Wednesday, pressured by lower shipping rates across all vessel segments.

Descartes: Container volumes at Top US West Coast ports increase significantly in March

Phaata

11-04-2023

U.S. container imports in March 2023 increased significantly compared to February 2023, mainly thanks to the Ports of Los Angeles and Long Beach, according to Descartes.