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.
Air freight rates continue to increase
Air freight rates continued to rise last week as weather conditions, volcanic activity and war put pressure on transport capacity.
Margins of container shipping lines dropped sharply compared to pre-Covid-19 pandemic levels
The average operating margin of leading container shipping lines fell from an average of 2.4% in 2019 to a very low 1.5% in the third quarter of 2023.
Abu Dhabi Ports finalising to buy Indonesia's largest shipping line
Abu Dhabi Ports (AD Ports) is said to be in the process of completing an agreement to acquire Meratus, Indonesia's largest container shipping line, in a deal worth about $2 billion.
Imports to the US West Coast increased as East Coast and Gulf ports affected
Import volumes into US West Coast ports increased 12.7% month over month, while East Coast ports decreased 5.1%.
International shipping and logistics market update - Week 46/2023
International logistics and container shipping market update on Asia, Europe and North America routes in the week of 46/2023.
Hapag-Lloyd announces simultaneous rate increase on many routes in December
Hapag-Lloyd shipping line will implement a general rate increase (GRI) from several countries in Asia to the West Coast of Latin America, Mexico, the Caribbean and Central America. GRI will take effect from December 1, 2023.
ZIM reports loss of more than 2.2 billion USD in third quarter of 2023
Container shipping line ZIM posted a net loss of $2.27 billion in the third quarter of 2023, while the company posted a net profit of $1.66 billion in the same period last year.
Container rates on the US route dropped as shipping lines added more capacity
Freight rates on the trans-Pacific route are under great pressure as shipping lines begin to add more capacity.
Number of ships waiting to pass through the Panama Canal increasing
As of November 13, 2023, there were 123 ships waiting to pass through the Panama Canal, significantly higher than the average of 90 ships recorded in the past 7 years, since this vital waterway opened. expanded.
Falling container freight rates dragged down CMA CGM's third quarter financial results
CMA CGM Group's Board of Directors met on November 10 to review its financial and operating results for the third quarter of 2023, in which its container throughput increased slightly by 0.9% year-on-year ago, reaching a total of 5.7 million TEU.
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