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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.

International shipping and logistics market update - Week 14/2023

Phaata

07-04-2023

International logistics and container shipping market update on Asia, Europe and North America routes in the week of 14/2023.

Shanghai Containerized Freight Index slightly increases in six months

Phaata

06-04-2023

For the first time in six months, the Shanghai Container Shipping Index (SCFI) recovered slightly in the week ended April 2 since September 2022, according to the latest Linerlytica report.

ZIM stops its ZEX service on transpacific route

Phaata

05-04-2023

ZIM stops its eCommerce Xpress (ZEX) service at the end of March 2023; ZIM will no longer have any services calling in Los Angeles and will return to traditional markets in the Pacific Northwest and US East Coast.

Trade in old container ships for recycling around the world slows down

Phaata

04-04-2023

Many shipping lines are intending to pursue market share despite the adjustment in freight rates, continuing to charter container ships, causing high charter rates and slowing ship demolition plans.

CIMC sees significant decline in container demand in First-Half 2023

Phaata

03-04-2023

China International Marine Containers (CIMC) - the world's largest container manufacturer - predicts that demand for new containers will drop sharply and be only 20% compared with normal years.

International shipping and logistics market update - Week 13/2023

Phaata

01-04-2023

International logistics and container shipping market update on Asia, Europe and North America routes in the week of 13/2023.

MSC renames Bolloré Africa Logistics to Africa Global Logistics (AGL)

Phaata

31-03-2023

MSC completed the acquisition of Bolloré Africa Logistics in December 2022 and after three months decided to change its brand name to Africa Global Logistics (AGL).

Many container shipping lines sharply increase profit per TEU in 2022

Phaata

30-03-2023

The combined EBIT figures for the 12 carriers that have announced their EBIT figures for the fiscal year 2022 are $95 billion, and adding these remaining carriers would raise this figure to an estimated $208 billion, according to Sea-Intelligence.

COSCO SHIPPING Ports achieves over 130 million TEUs in 2022

Phaata

29-03-2023

COSCO SHIPPING Ports has announced its business results for 2022, with a total throughput of 130,107,074 TEUs and a revenue increase of 19.3% to USD 1.4 billion.

ZIM warns to stop sailing on transpacific route if rates fall too low

Phaata

27-03-2023

Annual contracts are being negotiated between shippers and container shipping lines on the trans-Pacific shipping route. ZIM warns if rates are too low, the carrier will stop sailing.