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.


DSV removes Panalpina name from its company name 'DSV Panalpina A/S'

Phaata | 13-09-2021

DSV has decided to remove the Panalpina name from its company name after acquiring the Swiss-based forwarding company 2 years ago.

CMA CGM decided to stop increasing all spot container freight rates

Phaata | 13-09-2021

As freight rates have risen to sky-high levels and to support customers, CMA CGM has taken the decision to suspend spot freight rate increases immediately until February 1, 2022.

International shipping and logistics market (updated week 36/2021)

Phaata | 11-09-2021

Update on the international logistics and container shipping market on Asia, Europe and North America routes in the week of 36/2021.

Evergreen orders 24 new container ships

Phaata | 10-09-2021

Evergreen Marine Corporation has ordered 24 container ships with Chinese shipbuilder CSSC Huangpu Wenchong Shipbuilding.

Empty containers seriously congested at US West Coast ports when congestion is at a record level

Phaata | 08-09-2021

CAx data reveals 60% increase in the inbound outbound ratio at the ports of US West Coast, surpassing the pre-covid levels, indicating that there is excessive stress on the ports.

No signs of improving port congestion in the US, fearing that it will last until the end of 2022

Phaata | 08-09-2021

With the rapid increase in consumer and industrial demand, the volume of imported goods of this country increased exponentially. US ports are currently facing their worst congestion ever.

COSCO schedules: Vietnam - South America & Africa in September 2021

Phaata | 07-09-2021

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

COSCO schedules: Vietnam - Middle East & Oceania in September 2021

Phaata | 07-09-2021

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

Chittagong port's container handling volumes skyrocketed

Phaata | 06-09-2021

The port of Chittagong's container handling activity increased sharply in August compared to July as global trade recovered.


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