Culines and Antong cooperated to invest in transportation and logistics
Culines and Antong cooperated to invest in transportation and logistics
Phaata | 22-09-2022

China United Lines (Culines) and Antong Holding have signed an investment cooperation agreement in areas related to shipping and logistics.

COSCO Shipping orders to build 15 new methanol-powered container ships worth USD 3 billion

Phaata | 17-09-2022

Total of 15 new methanol-powered ships of COSCO Shipping, including six 23,000-TEU ships that will have methanol dual-fuel engines and nine 15,000-TEU ships running on methanol only.

International shipping and logistics market update - Week 37/2022

Phaata | 16-09-2022

International logistics and container shipping market update on Asia, Europe and North America routes in the week of 37/2022.

FMC seeks to prevent unreasonable booking refusals from container shipping lines

Phaata | 15-09-2022

The US Federal Maritime Commission (FMC) is proposing a rule to prevent ocean carriers from locking out customers from the carriers’ available vessel space.


Water in the Panama Canal overflows on the westbound lane of Gatun Locks

Phaata | 14-09-2022

The Panama Canal Authority (ACP) said the canal's technical team was involved and two hours later, traffic was fully restored.

Workers at the port of Felixstowe announce a new strike action

Phaata | 13-09-2022

The previous Unite Union negotiations have failed, a new eight-day strike action will be started at 07:00 on Tuesday 27 September and ending at 06:59 on Wednesday 5 October.

Shanghai and Ningbo Ports prepare for typhoon Muifa

Phaata | 12-09-2022

Typhoon Muifa is forecast to hit the Chinese port of Shanghai and Ningbo, on September 14, likely to be another blow to Shanghai's logistics market after the March-to-June lockdown.

Spot container freight rate index down 10% in a week

Phaata | 10-09-2022

The Shanghai Container Freight Index (SCFI) is down 10% from the previous week and down nearly 19% in the past 14 days.

Forecasting an excess of 4.3 million TEUs of empty containers in North America by 2023

Phaata | 09-09-2022

Sea-Intelligence warns of an increasing risk of an empty container surplus, with the number of excess containers in North America to be forecasted at 4.3 million TEUs next year.

International shipping and logistics market update - Week 36/2022

Phaata | 08-09-2022

International logistics and container shipping market update on Asia, Europe and North America routes in the week of 36/2022.

Connection between shippers and logistics service providers to get closer

Phaata | 07-09-2022

Logistics in Vietnam is developing strongly, but the connection in the logistics market is still fragmented.

Global container shipping industry profits hit a record $63.7 billion in Q2-2022

Phaata | 06-09-2022

Profits of the global container shipping industry continued to increase to a record in the second quarter of 2022, estimated at $63.7 billion, according to Blue Alpha Capital.

Container ship charter market 'cools down'

Phaata | 05-09-2022

The New Contex charter index in Hamburg fell 3.2% last week, falling below 3,000 points for the first time since January with 1,100 and 1,700 TEU vessels suffering the most.


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