Mega-Container Vessels Return to the Suez Canal Despite Persistent Red Sea Risks
Despite ongoing maritime security concerns across the Red Sea, the number of ultra-large container vessels transiting the Suez Canal surged to 166 ships in the third quarter of 2026. Maritime consultancy Drewry notes that this pivot is driven not merely by voyage economics, but by broader network optimization and fleet capacity utilization.
Ship Recycling Activity Drops to More Than 50-Year Low as Global Fleet Faces Rapid Aging
Demolition volumes have hovered at multi-decade lows for five consecutive years, allowing more than 340 million GT of commercial tonnage to cross the 20-year threshold as lucrative trading earnings keep aging ships at sea.
ClarkSea Index Sets Fifth Consecutive Record as Daily Vessel Earnings Reach $84,951
The ClarkSea Index rose 12% in a week to $84,951 per day, setting a new record for the fifth consecutive week. Earnings in the crude tanker segment surged, while other shipping segments posted mixed results.
International Shipping and Logistics Market Update Week 41/2026 | Phaata
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 41 (from Oct 5 - Oct 11), 2026.
Ocean Shipping Disruptions and Tariff Uncertainties Drive Incremental Air Freight Demand in Q4
Persistent maritime bottlenecks alongside looming tariff shifts could trigger an ocean-to-air modal shift through the fourth quarter, as high-tech hardware, semiconductors, and year-end retail volumes place added strain on key Asian export gateways, according to Dimerco.
MSC and ONE to Continue Ipanema Service Under New VSA from April 2027
MSC and Ocean Network Express (ONE) will continue operating the Ipanema service connecting Asia and the East Coast of South America under a new vessel sharing agreement (VSA) from April 2027, following Hapag-Lloyd’s withdrawal from the existing agreement.
COSCO SHIPPING Holdings Expands Asia-Pacific Service Network
COSCO SHIPPING Holdings is reinforcing its regional footprint across the Asia-Pacific through synchronized service rollouts across its dual liner brands, COSCO SHIPPING Lines and OOCL, integrating new feeder loops, hinterland intermodal corridors, and AI-driven digital tools.
Around 12% of Global Containership Capacity Affected by Port Congestion
Around 12% of global containership capacity is currently affected by port congestion, the highest level in four years, as schedule disruptions and vessel bunching reduce the effective capacity available to shippers.
International Shipping and Logistics Market Update Week 40/2026 | Phaata
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 40 (from Sep 28 - Oct 4), 2026.
HMM expects trans-Pacific container shipping prices to remain high in the short term
Shipping line HMM said container shipping rates on the trans-Pacific service will remain high in the short term but prospects are obscured by Covid-19 and geopolitical tensions.
Maersk concerns about Covid's recurrence as a drop in output affected the second quarter's sales
According to Maersk, the improvement in output in the third quarter could not be based on uncertainty as to whether a Covid-19 recurrence, triggered a second wave and led to another drop in demand, the Danish giant said in its second quarter interim report.
TOP 50 container ports in the world in 2019 (JOC): Asian ports grow fastest
Continued growth in global trade volumes in 2019 pushed the total container throughput of the 50 busiest cargo ports in the world up 3.5 percent year over year to more than half a billion TEU, according to the JOC Top 50 Global Container Ports 2019 rankings.
ZIM introduces AI-based software to detect false goods
As explained, the new ZIMGuard system scans the shipper's cargo declarations at an early stage and marks cases where goods may be misreported.
Vinalines changed its name to VIMC
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
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
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
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
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
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.
Featured News
- Hapag-Lloyd applies Peak Season Surcharge from East Asia to USA and Canada
- The world\'s largest container ships MSC Irina and MSC Loreto floated
- Top 10 export and import goods between Vietnam - Philippines in the first 5 months of 2020
- Container shipping lines report record profits in the third quarter of 2021
- MSC officially became the world\'s largest container shipping company
HOT PROMO
See more
Why do thousands of businesses trust Phaata?
USERS/MONTH
LOGISTICS COMPANIES
REQUEST FOR QUOTEŚ
QUOTATIONS
VIETNAM LOGISTICS COMMUNITY
5 Steps to Get the Best Quote
Find a price quickly/Send a RFQ
Compare multiple options
Contact for Further Consultation
Negotiating prices/services
Management & rating
Freight rates
Warehouse