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.
Concerns about port congestion increased when Shanghai began to be blockade
Congestion at the Port of Shanghai - which is the world's largest container port - is expected to increase as Shanghai will be locked down to carry out widespread Covid-19 testing.
Freight rates of container shipping contracts expected to increase in 2022
Although there has been a decline in spot container freight rates, there are still many bottlenecks and the Covid situation in China, as well as a possible labor dispute on the US West Coast, should be forecast. Expected that, the freight rates of long-term contracts will be relatively high throughout 2022.
Container freight rates for Asia-Mediterranean route remain stable until the end of the year
Xeneta forecasts that container shipping prices on the Asia-Mediterranean route will remain stable this year.
Port of Los Angeles hits new record for handling volume in February
The Port of Los Angeles recorded a new record in February with handling volume reaching 857,764 TEUs, up 7.3% year-over-year.
Wan Hai launches new service connecting China - Vietnam - India
Wan Hai Lines will strengthen its intra-Asia service network expansion with the new service CI7, connecting South China, Vietnam and East India.
Evergreen's Ever Forward vessel runs aground in Chesapeake Bay
Evergreen's 12,118 teu container ship - Ever Forward - ran aground in shallow water while departing from the port of Baltimore for Norfolk on the evening of March 13.
Evergreen's profit increased 9 times, reaching US$9.5 billion in 2021
Evergreen shipping line has achieved a 9-fold increase in profits to reach $9.5 billion in 2021 and is expected to repeat this stellar performance in 2022, as congestion in major ports of America and Europe continues.
IACS Council withdraws the membership of Russian Maritime Register of Shipping
The International Association of Classification Societies (IACS) has decided to withdraw the continued membership of Russian Maritime Register of Shipping (RMRS) in IACS due to Russia's attack in Ukraine.
International shipping and logistics market - Week 10/2022
International logistics and container shipping market on Asia, Europe and North America routes in the week of 10/2022.
Hapag-Lloyd surpasses USD 26 billion in revenue and USD 10 billion in profit in 2021
Hapag-Lloyd has grown very strongly in 2021, with revenue increasing to uSD 26.4 billion and the group's net profit reaching USD 10.8 billion due to high freight rates.
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