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.


Folk Maritime - New container shipping line established in Saudi Arabia

Phaata | 29-02-2024

A new container shipping line specializing in short routes and feeders (feeder) has just been established in Saudi Arabia to connect goods from this country to other important ports in the Red Sea region.

Red Sea Crisis: Freight rates from Far East to US may have peaked

Phaata | 28-02-2024

The crisis in the Red Sea has caused sea freight rates from the Far East to the US to increase by more than 150%, but with recent developments, shippers may feel some relief from the increase.

COSCO updates Vietnam-Intra Asia sailing schedules in Mar 2024

Phaata | 28-02-2024

COSCO schedule for routes from Ho Chi Minh to Intra-Asia countries such as China, Singapore, Malaysia, Philippines, Korea, India... in Mar/2024 (Download excel file).

COSCO updates Vietnam-North Europe sailing schedules in Mar 2024

Phaata | 28-02-2024

COSCO sailing schedules ex Ho Chi Minh / Vung Tau to European countries such as Netherlands, UK, Germany, France, Italy, Spain, Belgium... in Mar/2024 (Download excel file).

COSCO updates sailing schedules of Vietnam-Middle East & Oceania in Mar 2024

Phaata | 28-02-2024

COSCO schedules from Ho Chi Minh to countries such as Australia, New Zealand, UAE, Oman, Saudi Arabia, Jordan... in Mar/2024 (Download excel file).

COSCO updates sailing schedules of Vietnam - South America & Africa in Mar 2024

Phaata | 28-02-2024

COSCO schedule from Ho Chi Minh to countries such as Mexico, Colombia, Guatemala, Peru, Ecuador, Chile, South Africa, Nigeria... in Mar/2024 (Download excel file).

COSCO schedules: Vietnam - North America in Mar 2024

Phaata | 28-02-2024

The official sailing schedules of COSCO Shipping Lines for routes from Ho Chi Minh / Ba Ria Vung Tau to USA and Canada ports in Mar/2024 (Download excel file).

OCEAN alliance signed cooperation extension until 2032

Phaata | 27-02-2024

The OCEAN Alliance officially signed documents agreeing to extend alliance cooperation for another 5 years, until March 31, 2032.

Container Exports from Asia to Europe Surge in 2023

Phaata | 26-02-2024

According to the Japan Maritime Center (JMC) using information from Container Trades Statistics (CTS), container exports from Asia to Europe reached 16.58 million TEUs in 2023.


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