📈 Sea Freight Costs on the Rise: The Ministry of Industry and Trade has issued a directive to export-import industry associations, logistics associations, the Vietnam Ship Owners’ Association, the Vietnam Shippers’ Association, and the Vietnam Association of Maritime Brokers and Agents, suggesting solutions to promote export-import activities amid rising sea freight costs.
Recent Posts by unicornw
Fire breaks out on Maersk container ship
🚨 Fire on Container Ship Maersk Frankfurt Near Karwar, India
A fire broke out on the container ship Maersk Frankfurt near the Karwar region of Karnataka, India. The blaze was reported around 2:30 p.m. local time on Friday, 19 July.
Conflict in the Red Sea Causing Freight Market Instability: Xeneta
According to new data from Xeneta (Freight), container shipping companies are weighing risks and benefits in negotiating new contracts as the market continues to be affected by uncertainty in the Red Sea.
The road to the Cau Treo international border gate has been reopened.
(HQ Online) – In an exchange with Customs Magazine, a representative from the Customs Department of Cau Treo International Border Gate stated that following the occurrence of landslides on certain sections of National Highway 8A leading to the Cau Treo International Border Gate,
Importing Alcohol Products into Vietnam – Procedures and Requirements
Welcome to the world of alcohol importation! Navigating the intricate procedures of importing alcohol requires a comprehensive understanding of regulations, documentation, and taxes. In this guide, we’ll explore the essential steps and considerations for importing alcohol, ensuring a smooth and compliant process. Let’s dive in!
Sea-air routes gain as bypass option for Red Sea shipping delays
As major container shipping lines consistently bypass the Red Sea to avoid the threat of rebel missile attacks, air cargo volumes are finally getting a boost. Preliminary data now backs anecdotal reports a month ago of businesses shifting some Asia exports for Europe and North America to air transport as a way of avoiding delays.
The likelihood of shipping companies facing increased difficulties in 2024
The recent escalating tensions in the Red Sea have forced major global cargo shipping companies to take detours. However, this is just one of the challenges that large shipping companies will face as 2024 unfolds.
Sea shipping firm expects lower demand in 2024
Vietnam Maritime Corp (VIMC) is bracing for a downturn in sea shipping demand this year due to escalating global geopolitical tensions adversely impacting the sector.
Air Cargo Rates Bounce Back to +50% Above Pre-Covid Levels
Global average air cargo rates now stand +50% above their pre-Covid levels this time four years ago following the significant rebound in the last few months in demand and pricing, especially ex-China, according to the latest figures from WorldACD Market Data.
Importing Brand-New Machinery into Vietnam – Procedures and Requirements
In this informative guide, we delve into the procedures and documentation required for importing 100% brand-new machinery in Vietnam.
