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Wan Hai confident of future, unaffected by US port tariffs, records record profits
Wan Hai confident of future, unaffected by US port tariffs, records record profits
Phaata | 27-03-2025

Wan Hai is confident of future profits in 2024, confident of market prospects and unaffected by US port tariffs, with long-term fleet expansion plans.

Falling global container rates could signal overcapacity

Phaata | 23-03-2025

Global container rates fell sharply due to weak demand after the Lunar New Year, combined with the impact of new shipping alliances and overcapacity, putting huge pressure on the shipping market.

MSC loses containers in storm off Portugal

Phaata | 25-03-2025

The MSC Houston V lost at least 15 containers off Portugal due to a strong storm, forcing it to dock in Vigo to handle damaged containers and ensure maritime safety.

International shipping and logistics market update - Week 12/2025

Phaata | 24-03-2025

Update on the international container transport and logistics market for routes from Asia to North America, Europe... in Week 12/2025.


Why hasn’t the shipping industry returned to the Red Sea?

Phaata | 22-03-2025

Major shipping lines have been avoiding the Red Sea due to security risks, even though the route around Africa lengthens their journeys but boosts their profits through higher freight rates.

Fedex warns of economic uncertainty that will slash freight demand

Phaata | 21-03-2025

Fedex cuts full-year profit forecast as economic and tariff uncertainty hits demand for shipping, particularly high-margin business-to-business services

Global shipping crisis deepens as Red Sea becomes dangerous zone

Phaata | 20-03-2025

The Red Sea shipping crisis continues to deepen as shipping lines avoid the region, driving up insurance costs and causing major losses to the Suez Canal.

Container freight rates plunge, charter rates remain high: Shipping market faces uncertainty

Phaata | 19-03-2025

Charter rates to container freight rates hit record 289%, while freight rates continue to fall sharply due to low demand for goods and oversupply of vessels.

OOCL sees strong 2024 earnings despite shipping industry challenges

Phaata | 18-03-2025

OOCL sees strong earnings growth to $2.58 billion in 2024, driven by a recovery in global trade and strategic cooperation within the Ocean Alliance.

Air freight market trends Week 10 - 2025 by WorldACD

Phaata | 17-03-2025

The global air freight market remained stable in week 10/2025, with demand increasing slightly and freight rates increasing by 5% year-on-year, while Asia-Pacific volumes recovered strongly.

International shipping and logistics market update - Week 11/2025

Phaata | 16-03-2025

Update on the international container transport and logistics market for routes from Asia to North America, Europe... in Week 11/2025.

Container shipping demand sees strong growth in January

Phaata | 16-03-2025

Global container shipping demand grew strongly in January 2025, with volumes reaching 15.4 million TEUs, up 5.8% year-on-year. However, freight rates varied across shipping lanes.

DP World posts record revenue, but profit falls

Phaata | 15-03-2025

DP World posts record $20 billion in 2024 revenue but profit falls 2% on high finance costs and global supply chain disruptions.


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