Marine shipping stocks benefit from higher freight rates
The global sea freight prices have started rebounding from the end of July, showing that the marine shipping industry is gradually escaping the 16-month correction.
The global sea freight prices have started rebounding from the end of July, showing that the marine shipping industry is gradually escaping the 16-month correction.
This shipping route was officially discontinued after 11 international container ships operating through Cua Lo port (Nghe An) from April 2023. According to information...
In the context of rising interest rates and rising US dollar, many port and shipping companies are confronting difficulties, but there are still beneficiaries.
Freighters have even started accepting small orders at low prices in the hope they may be able to pool them together to make a trip worthwhile.
Container shipping firms are coming under great pressure from weak demand as maritime trade has begun to lose steam in recent months.
Shipping lines use the huge profits generated during the Covid-19 crisis to
Logistics enterprises and shipping lines have increased profits thanks to sea freight rates that have not cooled down due to congestion at ports along with fluctuations...
The potential is great, but the development and operation of Vietnamese cargo shipping has not been commensurate with the role and position of the country.
Vietnam needs to have an appropriate strategy to promote the development of air logistics and tap its large potential, experts have said.
Fuel prices and shipping costs have risen, while there is a container scarcity, making business more challenging in the new normal.
Exporters, especially those of frozen goods, have struggled over the past year because of the increase in the price of empty containers.
Domestic businesses were provided with more information about the Regional Comprehensive Economic Partnership (RCEP) at a conference held virtually in Hanoi on November...
Cai Lan International Container Terminal (CICT) in the northern province of Quang Ninh on September 14 welcomed the Marshall Islands-flagged Synergy Busan with a loading...
Despite the sharp increase in international freight rates, domestic rates have not fluctuated much. However, VDSC said, the risk of domestic port disruption due to the...
The national index of industrial production (IIP) increased 7.9 percent year-on-year in the first seven months of this year, according to the General Statistics Office.
To ensure the supply, the city has allowed the operation of delivery services but banned freelance shippers.
Shipping lines increased their freight rates many times, even up to 10 times, causing difficulties for seafood exporters, and very high costs. Seafood enterprises...
A delay in issuing official legal regulations on managing cryptocurrencies will cause a rise in the risks of fraud and theft related to virtual assets, experts have...
The Civil Aviation Authority of Vietnam (CAAV) recently reported to the Ministry of Transport (MoT) on a project to establish the first cargo airline in Vietnam.