Hapag-Lloyd reports sharp decline in Q1 financial results
Hapag-Lloyd reports sharp decline in Q1 financial results
Phaata | 16-05-2024

Hapag-Lloyd ended the first quarter of 2024 with revenues falling to $4.6 billion mainly due to a decline in average freight rates of $1,359/TEU (1Q23: $1,999/TEU).

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.


Spot container freight rate index down 10% in a week

Phaata | 10-09-2022

The Shanghai Container Freight Index (SCFI) is down 10% from the previous week and down nearly 19% in the past 14 days.

Forecasting an excess of 4.3 million TEUs of empty containers in North America by 2023

Phaata | 09-09-2022

Sea-Intelligence warns of an increasing risk of an empty container surplus, with the number of excess containers in North America to be forecasted at 4.3 million TEUs next year.

International shipping and logistics market update - Week 36/2022

Phaata | 08-09-2022

International logistics and container shipping market update on Asia, Europe and North America routes in the week of 36/2022.

Connection between shippers and logistics service providers to get closer

Phaata | 07-09-2022

Logistics in Vietnam is developing strongly, but the connection in the logistics market is still fragmented.

Global container shipping industry profits hit a record $63.7 billion in Q2-2022

Phaata | 06-09-2022

Profits of the global container shipping industry continued to increase to a record in the second quarter of 2022, estimated at $63.7 billion, according to Blue Alpha Capital.

Container ship charter market 'cools down'

Phaata | 05-09-2022

The New Contex charter index in Hamburg fell 3.2% last week, falling below 3,000 points for the first time since January with 1,100 and 1,700 TEU vessels suffering the most.

Container freight rates continue to drop sharply on main routes

Phaata | 03-09-2022

Spot rates on most major container shipping routes have fallen sharply year-on-year and are forecast to fall further in the next few weeks.

International shipping and logistics market update - Week 35/2022

Phaata | 02-09-2022

International logistics and container shipping market update on Asia, Europe and North America routes in the week of 35/2022.

COSCO updates sailing schedules of Vietnam-Middle East & Oceania in Sep 2022

Phaata | 01-09-2022

COSCO schedules from Ho Chi Minh to countries such as Australia, New Zealand, UAE, Oman, Saudi Arabia, Jordan... in Sep/2022 (Download excel file).


Finding Freight rates and Logistics companies?

Quick Quotes

Help you find instant freight rates with just a few clicks.

Request For Quotes

Help you send and receive quotes from Forwarders on the market quickly and efficiently.

HOT Services

Help you quickly find Hot services being promoted on the market.

Find Forwarders

Help you easily find and choose the most appropriate Logistics provider.