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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 3/2026 | Phaata

Phaata

19-01-2026

The international logistics marketplace platform Phaata provides an update on the international container shipping and logistics market for routes from Asia to North America, Europe, and more for Week 3 (from January 12 - 18), 2026.

Global Tanker Market Forecast 2026

Phaata

19-01-2026

Tim Smith, an expert from MSI, assesses that the tanker market enters 2026 on a solid footing driven by geopolitical instability and surging oil production. However, the wave of newbuilding deliveries commencing this year could exert pressure to reverse market trends in the 2027–2028 period.

Red Sea Restart: Signaling Lower Rates for Asia-US Shippers

Phaata

18-01-2026

Maersk’s decision to resume services via the Red Sea could release 6-8% of global shipping capacity, creating significant downward pressure on freight rates for Asia-US shippers as the market enters a crucial contract negotiation phase.

Wan Hai and Interasia Restructure NS5 Service and Launch New TVS Service Connecting Southeast Asia

Phaata

17-01-2026

Wan Hai Lines and Interasia Lines have announced plans to modify the NS5 service route starting next month, adding calls at Phuoc An (Vietnam) and Chiba (Japan). Simultaneously, the carriers are launching a new service, TVS, connecting Taiwan with key Southeast Asian ports.

Vinalines changed its name to VIMC

Phaata

17-08-2020

On the morning of August 13, Vinalines held the first shareholder meeting to switch to joint stock company model with new brand VIMC.

Spending trillion on acquiring logistics segment of Gelex, ITL Corp has just received a loan of USD 70 million from IFC

Phaata

14-08-2020

Last year, Symphony Logistics PTE LTD spent USD 42.6 million buying a 25.12% stake in ITL from the Singapore Post.

The Beirut container port was back to operation after the explosion

Phaata

14-08-2020

Nine days after one of the worst events in container shipping history, the Port of Beirut reopened after what has been called minor damage to the container port.

CU Lines joins the Korea-Vietnam shipping service

Phaata

13-08-2020

China United Line (CU Lines), the first time to launch a shipping service between Korea and Southeast Asia after purchasing seats on the Hai Phong Express (HPX) service, operated by Korean carriers HMM and CK Line.

ECLAC forecasts trade in Latin America to drop 23% by 2020

Phaata

12-08-2020

Latin America and the Caribbean are considered to be the hardest hit regions due to the economic impact of the global pandemic, according to the latest data released by the Economic Commission for Latin America and the Caribbean (ECLAC).

Vietnam’s major terminal operator orders Kalmar equipment

Phaata

11-08-2020

Cargotec-owned manufacturing company, Kalmar and Vietnam’s largest container terminal operator, Saigon Newport Corporation (SNP) have inked an agreement for 25 units of the Kalmar Essential Terminal Tractor TL2.

RCL and Gold Star Lines launching a new service between Vietnam to Singapore and Malaysia

Phaata

10-08-2020

Regional Container Lines (RCL) and Gold Star Lines are launching a new service connecting Ho Chi Minh, Singapore and Port Klang.

Export turnover of wood and wood products of Vietnam reached over USD 6 billion in the first 7 months of the year

Phaata

10-08-2020

Accumulated from the beginning of the year to the end of July 2020, exports of wood and wood products are estimated at USD 6.09 billion, up 6.2% over the same period in 2019.

Container shipping lines diverted from Beirut after the port explosion

Phaata

08-08-2020

Container shipping lines are diverting from Beirut to Tripoli and other ports in the Mediterranean region after a massive port explosion in Lebanon destroyed most of the infrastructure there.

Massive blast rips through Beirut port

Phaata

07-08-2020

A fire was seen billowing smoke from a building in the port area followed by a huge blast with a mushroom cloud rising into the air. The blast was heard in Cyprus some 240 km from the Lebanese capital.