📈 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.
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,Â
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.
Green logistics remains challenging for Việt Nam
Though green logistics is currently a global trend and will become a requirement of the international food industry supply chain, Việt Nam currently faces many challenges to meet the standard.
