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 updates Vietnam-North Europe sailing schedules in January 2022

Phaata | 01-01-2022

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

Shipping lines encroach into the aviation industry, 'a kick in the face' for those that won't change

Phaata | 31-12-2021

Maersk and CMA CGM are establishing one-stop solutions to appeal to large shippers. If shippers use Maersk's services, the carrier also expects shippers to use other integrated services, including 

Maersk forecasts a serious lack of space before the Lunar New Year

Phaata | 30-12-2021

Maersk shipping line said spaces will remain severely shortage until the Lunar New Year due to capacity constraints and sailing delays.

FedEx forecasts air freight capacity will continue to short in 2022

Phaata | 29-12-2021

FedEx forecasts that next year's air freight capacity will continue to be difficult to secure, with tight spaces and multiple supply chain issues in the face of strong demand pressure.

Schedule reliability below 40% in 2021, Maersk stays on top

Phaata | 27-12-2021

According to analysts of Sea-Intelligence, the reliability of the container shipping schedule is in the range of 33% - 40% for the whole year of 2021.

CU Lines and two other shipping lines launch VGX service connecting Vietnam, Thailand and Middle East

Phaata | 26-12-2021

CU Lines (CUL) along with Global Feeder Shipping (GFS) and Emirates Shipping Line (ESL) are about to launch VGX (Vietnam-Gulf Express) service, directly connecting Vietnam and Thailand and the Middle East region.

International shipping and logistics market (updated week 51/2021)

Phaata | 25-12-2021

Update on the international logistics and container shipping market on Asia, Europe and North America routes in the week of 51/2021.

Maersk acquires LF Logistics from Li & Fung for $3.6 billion to expand Asian market

Phaata | 23-12-2021

AP Moller - Maersk continues to expand further into the supply chain, with the acquisition of the logistics business of Li & Fung Group (LF Logistics) in a $3.6 billion deal.

Port of Los Angeles and Long Beach continue to postpone the application of container dwell fee

Phaata | 22-12-2021

The Port of Los Angeles and Long Beach have continued to postpone the application of the new "container dwell fee" for the sixth consecutive week.


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