Market News

Building Lao Cai into a hub for economic trade and connectivity between Vietnam and ASEAN countries with the Southwest – China region Within the framework of the 23rd Vietnam-China International Trade Fair in 2023, Lao Cai province organized a conference on the development of logistics services in the region. Mr. Trinh Xuan Truong, Chairman of [...]

Ocean Network Express (ONE) Ra Mắt Dịch Vụ Mới   Ocean Network Express (ONE) has introduced the Thailand Singapore Express (TSX) service, a dedicated shuttle service that offers customers fast transit times between Thailand and Singapore, along with excellent connectivity and transit options for cargo on the Asia-Europe trade route. The TSX service is specifically [...]

Hapag-Lloyd Raises FAK Rates for Asia-Europe Routes   Hapag-Lloyd has recently announced an increase in Freight All Kinds (FAK) rates for cargo transportation from Asia to both Northern Europe and the Mediterranean region. Effective from sailings commencing on December 1, 2023, the adjusted rates will be applied to cargo carried in 20′ and 40′ dry [...]

In recent days, construction sites for dredging and upgrading maritime channels have been bustling around the clock in Vietnam. Projects involving the transformation and expansion of maritime routes into ports in the South Nghi Son area (Thanh Hoa), upgrading the Cai Mep – Thi Vai shipping route, and constructing channels for large-tonnage vessels on the [...]

Israel-Hamas war:Assessing the Impact and Potential Risks on Shipping and Port Operations The conflict in Israel after attacks by the Islamist group Hamas on municipalities close to Gaza has caused great enterprises in the global community, while the impact on colorful sectors and diligence remains to be seen.  In an attempt to gain an initial [...]

The Panama Canal Authority further reduced the number of boats that can transit through the strategic waterway, which has been hit by an intense drought.  Only 31 ships will be allowed through the canal per day from November 1, down from circa 36 to 38 daily ship crossings during normal operations.  The announ cement was [...]