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.
Port of Long Beach Achieves Throughput of Over 8 Million TEUs in 2023
The Port of Long Beach recorded a total throughput of 8,018,668 TEUs in 2023, marking a 12.2% decrease compared to 2022.
Red Sea Crisis: Second Largest Capacity Drop Since the Ever Given Grounding
According to Sea-Intelligence, the Red Sea crisis has caused a significant capacity drop, second only to the Ever Given grounding incident, even surpassing the initial impact of the Covid-19 pandemic.
Maersk and Hapag-Lloyd Partner to Form New Alliance
The new "Gemini Cooperation" is set to commence in February 2025, with the ambition to provide a flexible and interconnected maritime transport network with industry-leading reliability.
Decline in Suez Canal Revenue Could Impact Egypt's Economy
According to the Suez Canal Authority (SCA), dollar revenues from the canal have decreased by 40% compared to the beginning of the year relative to 2023, while the volume of ship traffic has decreased by 30% compared to the same period.
Red Sea-Suez Crisis: Shipping Rates from Asia to Northern Europe and Mediterranean Quadruple
The crisis in the Red Sea-Suez area has led about 90% of container ships to reroute via Cape of Good Hope, resulting in a fourfold increase in shipping rates on the Asia to Northern Europe and Mediterranean trade routes.
Cosco Shipping acquired Italian logistics company Trasgo
Cosco Shipping has just announced the acquisition of Italian logistics supply chain company Trasgo through Coscos Srl, a joint venture between Cosco Shipping Europe and Fratelli Cosulich.
International shipping and logistics market update - Week 02/2024
International logistics and container shipping market update on Asia, Europe and North America routes in the week of 02/2024.
OOCL's revenue fell sharply in 2023 despite container liftings growth
Shipping line OOCL announced its total revenue for 2023 is 7.5 billion USD, showing a sharp decrease of 59.6% compared to the same period in 2022.
Is the Sudden Spike in Container Freight Rates an Overreaction to the Red Sea Diversions?
Container shipping rates for immediate delivery between Asia and Europe have surged by 60% in just two weeks, with even more significant increases on routes like Asia to the West Coast of the USA, which are not directly affected by the Red Sea crisis.
Asia - Europe spot container freight rates increased more than 100% due to Red Sea terrorism
Spot container rates from Asia to Europe have more than doubled in the past two weeks as ships diverted past the Cape of Good Hope to avoid attacks in the Red Sea.
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