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.
CMA CGM Completes $1.4 Billion Acquisition of FedEx Supply Chain
CMA CGM has completed its $1.4 billion acquisition of FedEx Supply Chain, significantly expanding CEVA Logistics’ contract logistics operations and strengthening its supply chain capabilities in North America.
Sea-Intelligence: Global Schedule Reliability Falls to Lowest Level Since 2022
Sea-Intelligence’s August 2026 GLP report shows global schedule reliability falling to 49.9%, the lowest level since September 2022, while average vessel delays increased to 6.81 days.
Hapag-Lloyd Steps Up Talks with Israel, Details Revised ZIM Proposal
Hapag-Lloyd and FIMI have provided further details of their revised proposal for the ZIM transaction, including an additional Asia service, investment in Israel’s maritime workforce and stronger protection mechanisms under the Golden Share.
IATA Calls for Stronger Controls on Dangerous Goods Across the Air Cargo Supply Chain
IATA is calling on stakeholders across the air cargo supply chain to adopt a multilayered approach to controlling undeclared or misdeclared dangerous goods, rather than relying primarily on security screening.
International Shipping and Logistics Market Update Week 39/2026 | 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 39 (from Sep 21 - Sep 27), 2026.
International Shipping and Logistics Market Update - Week 24/2025 | Phaata
Phaata International Logistics Marketplace updates the international container shipping and logistics market for routes from Asia to North America, Europe... in Week 24/2025.
China-US freight rates fall as capacity boosts
China-US container freight rates have cooled after a recent surge as capacity has recovered, but high tariffs remain a major drag on bilateral trade.
Container Freight Rates Jump 88% as Shippers Seize U.S.-China Tariff Delay
The U.S.-China tariff delay has sparked a shipping frenzy, sending rates soaring on the Trans-Pacific, but experts say this is only a temporary phenomenon.
Wan Hai 503 rescue efforts amid fears of more explosions
The fire on the Wan Hai 503 continues into its fourth day, with rescue efforts hampered amid fears of explosions and an ecological disaster.
COSCO Shipping Specialized Carriers Signs $310 Million Contract for Six Heavylift Carriers
COSCO Shipping Specialized Carriers has signed a $310 million bareboat charter agreement to add six new multipurpose heavylift vessels to meet growing demand for specialized cargo.
DHL Express Canada furloughs workers, adding to uncertainty for parcel delivery industry
A labour dispute between DHL Express and the Canadian union Unifor escalated as the company furloughed 2,100 workers, raising concerns about the stability of Canada's delivery service.
Congestion at European ports: Maersk decides to skip Rotterdam
Severe congestion at European ports has forced Maersk to change schedules and impose surcharges, while experts warn the disruption could last until the end of the peak season.
SITC Set Up Bavet Office, Dedicated to Serving Local Enterprises
June 9, 2025 – SITC Ho Chi Minh held opening ceremony for its new office in Bavet City, Cambodia.
Firefighting efforts on Wan Hai 503, search for missing crew
Firefighting efforts on Wan Hai 503 and search for four missing crew members off India are ongoing, with close coordination between relevant agencies.
Container shipping market volatility to persist
Container market volatility is expected to persist due to global structural changes, while trade policies are putting pressure on freight rates and supply chains in the short term.
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