COSCO SHIPPING resumes CV3 service from Ho Chi Minh to China
COSCO SHIPPING resumes CV3 service from Ho Chi Minh to China
Phaata | 18-03-2024

COSCO SHIPPING announced the restoration of bi-weekly CV3 service from Ho Chi Minh City to Fuzhou, Quanzhou, Shekou and Humen, starting from the end of March 2024.

International shipping and logistics market update - Week 10/2024

Phaata | 08-03-2024

International logistics and container shipping market update on Asia, Europe and North America routes in the week 10/2024.

Expert: HMM shipping company should invest in doubling its fleet size

Phaata | 06-03-2024

According to Mr. Kim In-hyeon, Professor of Maritime Law at Korea University, HMM shipping company should use profits from the shipping fever due to the Covid-19 pandemic to double the size of its container fleet, to 1.7 million TEUs.

CMA CGM completes acquisition of Bolloré Logistics

Phaata | 04-03-2024

French shipping giant - CMA CGM Group has completed the acquisition of Bolloré Logistics from its compatriot shipping group Bolloré Group.


Emirates Shipping Line opens new shipping service from Far East to Middle East

Phaata | 05-03-2024

Emirates Shipping Line (ESL) announced the opening of the new service COSMOS (CMX) and improvements to the existing service GALEX (GLX) with the aim of optimizing transit times and increasing frequencies between the Far East and Middle East regions.

International shipping and logistics market update - Week 9/2024

Phaata | 01-03-2024

International logistics and container shipping market update on Asia, Europe and North America routes in the week 9/2024.

Folk Maritime - New container shipping line established in Saudi Arabia

Phaata | 29-02-2024

A new container shipping line specializing in short routes and feeders (feeder) has just been established in Saudi Arabia to connect goods from this country to other important ports in the Red Sea region.

Red Sea Crisis: Freight rates from Far East to US may have peaked

Phaata | 28-02-2024

The crisis in the Red Sea has caused sea freight rates from the Far East to the US to increase by more than 150%, but with recent developments, shippers may feel some relief from the increase.

OCEAN alliance signed cooperation extension until 2032

Phaata | 27-02-2024

The OCEAN Alliance officially signed documents agreeing to extend alliance cooperation for another 5 years, until March 31, 2032.

Container Exports from Asia to Europe Surge in 2023

Phaata | 26-02-2024

According to the Japan Maritime Center (JMC) using information from Container Trades Statistics (CTS), container exports from Asia to Europe reached 16.58 million TEUs in 2023.

International shipping and logistics market update - Week 8/2024

Phaata | 24-02-2024

International logistics and container shipping market update on Asia, Europe and North America routes in the week 8/2024.

Air Freight Rates Drop After Lunar New Year

Phaata | 23-02-2024

The latest data from TAC Index shows that the total air freight rate has decreased by 8.2% compared to last week and decreased by 21.2% compared to the same period last year.

Transpacific Container Demand Surges in Early 2024

Phaata | 22-02-2024

According to Lynerlytica, westbound container volumes on the transpacific trade lane have surged by 16.9% in January 2024.


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