Hong Kong Container Yard Fire Causes Significant Damage
October 17, 2024
insight & news
3A Logistics > Insight & News
Container Ship MSC Capetown III Catches Fire at Colombo Port
A potentially catastrophic fire aboard the container vessel MSC Capetown III at the Port of Colombo …
Beyond Methane Pledge: A Call to End LNG in Shipping
Civil society organizations target methane emissions, urge investment in zero-emission solutions A global shift away …
Airfreight Market Soars, Peak Season Anticipation Builds
Global airfreight demand surged in July, driving up rates across the board and setting the …
Vietnam’s Hoa Phat Makes Waves in Global Container Market
Hoa Phat Container Production (HPCP), a subsidiary of Vietnam’s leading industrial conglomerate Hoa Phat Group, …
Ocean Network Express Boosts Korea-Vietnam-Thailand Trade
Singapore-based shipping giant, Ocean Network Express (ONE), has announced a significant upgrade to its KVT …
US Mega-Airlines Struggle to Capitalize on E-commerce Boom
Despite strong overall performance in the second quarter, US airlines Delta, United, and American have …
Typhoon Gaemi Wreaks Havoc in Taiwan: Cargo Ship Sinks
Typhoon Gaemi has caused widespread devastation across Taiwan, resulting in the sinking of a cargo …
FMC Cracks Down on Ocean Carriers: New Rule Shield Shippers
The US Federal Maritime Commission (FMC) has introduced a new rule that will significantly curtail …
Air Cargo Industry Recovers from Global IT Outage
Air cargo operations are gradually returning to normal following widespread disruptions caused by a global …
Suez Canal Revenue Plummets Amid Red Sea Crisis
Suez Canal Traffic and Revenue Collapsed The Suez Canal Authority (SCA) has revealed a catastrophic …
World Shipping Council Reports Lower Container Loss at Sea
The World Shipping Council (WSC) announced a significant decrease in containers lost at sea in …
Posidonia 2024: Tackle Shipping Industry Challenges
The Tradewinds Shipowners Forum at Posidonia 2024 featured a dynamic opening session with key industry …
The Looming Crisis: US Port Strike Threatens Global Shipping
A major port strike on the US east and Gulf coasts is entering its third day, threatening to disrupt global container shipping. Supply chain analysts …
Reefer Cargo Market Hit by Cape of Good Hope Diversions
The ongoing conflict in Gaza has had a profound impact on global trade, particularly for reefer cargo destined for the Middle East. As a result …
Container Freight Rates Fall, Long-term Contracts Volatile
Key Points: Spot rates on major east-west trade routes have continued to fall this week, though the decline has slowed. Asia-North Europe trade saw the …
Super Typhoon Yagi: Service Disruptions in China & Vietnam
China and Vietnam is on high alert as Super Typhoon Yagi, the strongest storm to hit the region in nearly a decade, approaches its eastern …
Hapag-Lloyd Announces Rate Hike for Asia-Latin America Trade
Global shipping giant Hapag-Lloyd has implemented a substantial General Rate Increase (GRI) for cargo transported from Asia to key markets in Latin America, including the …
Vietnam’s Trade Soars: Import-Export Hits Record $70 Billion
Vietnam’s economy continues to thrive as evidenced by a remarkable surge in import-export activities during July. Preliminary data from the General Department of Customs revealed …
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