Port of Hamburg handles nearly 2 million TEUs in the Q1 2024
Port of Hamburg handles nearly 2 million TEUs in the Q1 2024
Phaata | 17-05-2024

The Port of Hamburg handled 1.9 million TEUs in the first quarter of 2024, a slight increase of 1.1% over the same period last year.

HMM and SM Line cooperate on trans-Pacific service amid changing alliances

Phaata | 15-05-2024

Korean shipping lines including HMM and SM Line cooperated with each other for the first time on long-distance routes amid fluctuations in container shipping alliances.

COSCO SHIPPING establishes new warehouse in Los Angeles, USA

Phaata | 14-05-2024

COSCO SHIPPING officially launched an order fulfillment warehouse, approximately 16,500 square meters, in the Greater Los Angeles area, 60 minutes from the Port of Los Angeles and Los Angeles Airport.

International shipping and logistics market update - Week 19/2024

Phaata | 11-05-2024

International logistics and container shipping market update on Asia, Europe and North America routes in the week 19/2024.


Yang Ming reports financial results for Q1 2024

Phaata | 10-05-2024

Yang Ming reported Q1 2024 revenue of US$ 1.39 billion and net profit after tax of US$ 298.42 million with EPS of NT$2.69.

Container ship capacity deliveries reach new record of 1 million TEU in the first 4 months of 2024

Phaata | 09-05-2024

A record was set as more than 1 million TEU of container ship capacity was delivered in the first four months of 2024, an increase of nearly 80% compared to the previous record.

Conflict in the Red Sea causes instability in freight rates in the market: Xeneta

Phaata | 08-05-2024

According to new data from Xeneta, container shipping lines are having to weigh the risks and benefits in negotiating new contracts as the market remains affected by uncertainty in the Red Sea.

Scheduled reliability improved compared to start of Red Sea Crisis

Phaata | 06-05-2024

Sea-Intelligence has published its latest Global Vessel Performance (GLP) report, which includes scheduled reliability data through March 2024.

International shipping and logistics market update - Week 18/2024

Phaata | 04-05-2024

International logistics and container shipping market update on Asia, Europe and North America routes in the week 18/2024.

International shipping and logistics market update - Week 17/2024

Phaata | 29-04-2024

International logistics and container shipping market update on Asia, Europe and North America routes in the week 17/2024.

Freight Rates Could Further Decrease

Phaata | 28-04-2024

The Red Sea crisis has pushed sea freight rates sharply higher recently, however, rates are currently showing a downward trend. Business Forum Magazine has conducted an exchange with Mr. Nguyen Hoai Chung, Founder and CEO of Phaata, regarding this trend.

HMM sees opportunities even though Hapag-Lloyd exiting THE Alliance

Phaata | 25-04-2024

Mr. Kim Kyung-Bae, CEO of HMM shipping company, believes that Hapag-Lloyd leaving the transport alliance THE Alliance will be a great opportunity for HMM to continue to develop its scale.

Hapag-Lloyd aims to consolidate its position in the top 5 container lines

Phaata | 22-04-2024

When setting out its 2030 strategy, Hapag-Lloyd Shipping Line plans to continue investing in its core business of container transportation as well as developing its port portfolio.


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