Hapag-Lloyd Steps Up Talks with Israel, Details Revised ZIM Proposal
Hapag-Lloyd and FIMI have provided further details of their revised proposal for the ZIM transaction, including an additional Asia service, investment in Israel’s maritime workforce and stronger protection mechanisms under the Golden Share.
IATA Calls for Stronger Controls on Dangerous Goods Across the Air Cargo Supply Chain
IATA is calling on stakeholders across the air cargo supply chain to adopt a multilayered approach to controlling undeclared or misdeclared dangerous goods, rather than relying primarily on security screening.
International Shipping and Logistics Market Update Week 39/2026 | Phaata
The international logistics marketplace platform Phaata provides an update on the international container shipping and logistics market for routes from Asia to North America, Europe, and more for Week 39 (from Sep 21 - Sep 27), 2026.
US Shippers Expand Port-to-Inland Connectivity to Diversify Supply Chain Risks
US shippers are strengthening connections between seaports and inland destinations to diversify supply chain risks, reduce trucking distances and make greater use of rail capacity.
Hapag-Lloyd and FIMI Submit Revised Proposal for ZIM Acquisition
Hapag-Lloyd and FIMI have submitted a revised proposal for the USD 4.2 billion acquisition of ZIM, adding provisions covering control rights, service routes, fleet, personnel and the maritime security of ZIM Israel.
China’s Airfreight E-commerce Volumes Fall 16% in August
Airfreight volumes of e-commerce goods from China fell 16% in August, with shipments to Europe dropping 40% after the EU introduced a EUR 3 customs duty on low-value goods.
Two More Oil Tankers Attacked in Strait of Hormuz as Risks Escalate
Two oil tankers were involved in incidents in the Strait of Hormuz on 21 September, with one vessel struck by an unidentified object, injuring two crew members slightly. JMIC maintains its threat assessment for the area at “Severe.”
Gemini shifts four services - AE5, AE11, AE12 and ME2 - to Suez routings
Maersk and Hapag-Lloyd are restructuring four Gemini services - AE5, AE11, AE12 and ME2; under the new routing, AE11 calls at Tanjung Pelepas before transiting the Suez Canal.
International Shipping and Logistics Market Update Week 38/2026 | Phaata
The international logistics marketplace platform Phaata provides an update on the international container shipping and logistics market for routes from Asia to North America, Europe, and more for Week 38 (from Sep 14 - Sep 20), 2026.
Red Sea crisis helps container shipping lines increase profits
From a net loss of $700 million in the fourth quarter of 2023, container shipping lines' net profit improved, increasing by $5.4 billion in the first three months of 2024.
SITC launches new service from Ho Chi Minh to ILOILO
SITC shipping line in Ho Chi Minh has just announced the launch of a new service to ILOILO port (Philippines), this service will be transshipped at Xiamen.
International shipping and logistics market update - Week 20/2024
International logistics and container shipping market update on Asia, Europe and North America routes in the week 20/2024.
Port of Hamburg handles nearly 2 million TEUs in the Q1 2024
The Port of Hamburg handled 1.9 million TEUs in the first quarter of 2024, a slight increase of 1.1% over the same period last year.
COSCO SHIPPING participates in the China Brand Day event
COSCO SHIPPING participates in China Brand Day, showcasing green projects and environmentally friendly technologies in the shipping industry.
Hapag-Lloyd reports sharp decline in Q1 financial results
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: $1,999/TEU).
HMM and SM Line cooperate on trans-Pacific service amid changing alliances
Korean shipping lines including HMM and SM Line cooperated with each other for the first time on long-distance routes amid fluctuations in container shipping alliances.
COSCO SHIPPING establishes new warehouse in Los Angeles, USA
COSCO SHIPPING officially launched an order fulfillment warehouse, approximately 16,500 square meters, in the Greater Los Angeles area, 60 minutes from the Port of Los Angeles and Los Angeles Airport.
International shipping and logistics market update - Week 19/2024
International logistics and container shipping market update on Asia, Europe and North America routes in the week 19/2024.
Yang Ming reports financial results for Q1 2024
Yang Ming reported Q1 2024 revenue of US$ 1.39 billion and net profit after tax of US$ 298.42 million with EPS of NT$2.69.
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