Scheduled reliability improved compared to start of Red Sea Crisis
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.

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.

Sea-Intelligence: Number of blank sailings decreases sharply

Phaata | 19-04-2024

The number of blank sailings on the Asia-North Europe, Asia-North America East Coast and Asia-Mediterranean routes has dropped sharply in recent weeks.


APL Shipping Lines updates SC3 service on its Trans-pacific service

Phaata | 18-03-2020

As part of APL's ongoing efforts to improve operational efficiency and optimize service delivery, APL announces the revised itinerary for South China Loop 3 (SC3) service.

Over 65% Vietnam logistics firms expect low revenue in 2020 on Covid-19

Phaata | 17-03-2020

It is estimated that 20-30% of the volume and revenue of Vietnamese shipping lines are generated from the Chinese market.

Container lines abolish extra charges for reefer cargo at Chinese ports

Phaata | 17-03-2020

Container lines are canceling surcharges on reefer containers shipped to Chinese ports because congestion caused by Corona virus (COVID-19) has subsided.

Ocean Alliance launches "Day Four Product" service group

Phaata | 16-03-2020

Ocean Alliance has announced the commencement of its "Day Four Product" service group. The new service group will provide 19 trans-Pacific services, 2 transatlantic services, 7 Asia - North Europe services, 4 Asia - Mediterranean services, 4 Asia - Middle East services and 2 Asia - Red Sea services.

China currently owns the largest container fleet

Phaata | 16-03-2020

The chairman of the German Shipowners Association (VDR) - Alfred Hartmann - said that China had surpassed Germany and became the country with the largest container fleet.

China's major container ports saw a 9.1% increase in volume last week

Phaata | 13-03-2020

Chinese ports are returning to normal after the outbreak of the Corona virus (COVID-19) and last week saw a 9.1% jump in container volumes, however, the number of large shipments reduction.

OOCL orders five mega container ships

Phaata | 12-03-2020

OOCL has signed a new shipbuilding contract with the shipbuilding engineering factories COSCO Nantong (NACKS) and the shipbuilding engineering factory KHI COSCO Dalian (DACKS) for five new container ships, at a cost of is 155.68 million USD for each vessel with a nominal capacity of 23,000TEU.

SM Line has cut intra-Asia services to focus on its trans-Pacific service

Phaata | 11-03-2020

SM Line Group is narrowing its services in East Asia to focus on trans-Pacific services, now it is part of the 2M alliance with Maersk Line and MSC.

CMA CGM begins to recover container volumes in China

Phaata | 10-03-2020

CMA CGM said there was a recovery in production from the Chinese market after the Corona virus (COVID-19) hit the country in February.


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