Internal Events

Strong Demand and Capacity Shortages Drive Rates Up Liner operators are reporting their strongest operating margins since 2010, excluding the COVID-19 boom, according to a recent report by Alphaliner. This surge is attributed to a combination of high demand and capacity limitations caused by Red Sea diversions. Average Margins Bounce Back The average operating margin [...]

Strong Export Growth Continues Vietnam’s exports maintained their impressive growth trajectory in the first half of May 2024, reaching US$14.64 billion. This marks a 16% increase compared to the same period in 2023. Key Export Sectors Four product groups accounted for over US$1 billion in exports during this period: Computers, electronic products, and components Telephones [...]

Shipping routes between Asia and the Mediterranean (Asia-MED) are experiencing significantly longer transit times due to the Red Sea crisis. Impact: Ships are being forced to take a longer route around the Cape of Good Hope, leading to an average increase of 39% in minimum transit times. This data is based on a comparison between [...]