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.


COSCO SHIPPING resumes CV3 service from Ho Chi Minh to China

Phaata | 18-03-2024

COSCO SHIPPING announced the restoration of bi-weekly CV3 service from Ho Chi Minh City to Fuzhou, Quanzhou, Shekou and Humen, starting from the end of March 2024.

International shipping and logistics market update - Week 11/2024

Phaata | 15-03-2024

International logistics and container shipping market update on Asia, Europe and North America routes in the week 11/2024.

Maersk studies possibility of acquiring DB Schenker

Phaata | 13-03-2024

Shipping company Maersk has hired a consultant to research the possibility of taking over the leading logistics brand from Germany - DB Schenker - after DHL group withdrew from this deal.

SITC deploys online marketing on Phaata.com logistics marketplace

Phaata | 11-03-2024

SITC's official sailing schedules and services will be updated and posted on the online logistics marketplace platform Phaata.

International shipping and logistics market update - Week 10/2024

Phaata | 08-03-2024

International logistics and container shipping market update on Asia, Europe and North America routes in the week 10/2024.

Expert: HMM shipping company should invest in doubling its fleet size

Phaata | 06-03-2024

According to Mr. Kim In-hyeon, Professor of Maritime Law at Korea University, HMM shipping company should use profits from the shipping fever due to the Covid-19 pandemic to double the size of its container fleet, to 1.7 million TEUs.

Emirates Shipping Line opens new shipping service from Far East to Middle East

Phaata | 05-03-2024

Emirates Shipping Line (ESL) announced the opening of the new service COSMOS (CMX) and improvements to the existing service GALEX (GLX) with the aim of optimizing transit times and increasing frequencies between the Far East and Middle East regions.

CMA CGM completes acquisition of Bolloré Logistics

Phaata | 04-03-2024

French shipping giant - CMA CGM Group has completed the acquisition of Bolloré Logistics from its compatriot shipping group Bolloré Group.

International shipping and logistics market update - Week 9/2024

Phaata | 01-03-2024

International logistics and container shipping market update on Asia, Europe and North America routes in the week 9/2024.


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