Shipping

Viconship bolsters core business through ongoing M&A efforts

Wednesday, Oct 16, 2024

The leading port enterprise in Hải Phòng City strengthens the maritime-transport ecosystem, by focusing on core business areas and withdrawing from non-essential sectors.

Viconship fully divests from PTSC Đình Vũ

Thursday, Sep 19, 2024

The deal was done through a negotiated agreement, achieving a minimum transfer value of VNĐ88.2 billion (US$3.6 million).

Shipping costs on the rise, hurting exporters' profit margin

Wednesday, Aug 14, 2024

With shipping costs mounting, exporters have raised concerns over the shrinking profit margin and how it will hurt their ability to compete in the international market.

Hòa Phát to deliver 2,000 containers to German container shipping company

Monday, Jul 29, 2024

According to Andrea Schöning, CEO of Hapag-Lloyd, as one of the leading industrial production groups in Việt Nam, Hòa Phát''s container manufacturing factory meets international standards and provides high-quality products.

Oil tanker operators report massive profits amid soaring freight rates

Monday, Jul 29, 2024

Spot freight rates, time charter rates and secondhand vessel prices are all forecast to increase throughout 2024.

Minister asks for FIATA’s support in dealing with increased shipping freights

Wednesday, Jul 17, 2024

Increased shipping freight rates and port congestion are having serious impacts on and affect the competitiveness of Vietnamese goods on the international market.

Call for efforts to minimise the impact of skyrocketing sea freight costs

Monday, Jun 24, 2024

International container shipping rates have increased by more than 70 per cent over the same period last year and by more than 110 per cent compared to the pre- COVID-19 pandemic period.

VOS announces plan to purchase new ships, expand fleet

Monday, Mar 25, 2024

The cost has been estimated at around VNĐ1.9 trillion (US$76.7 million) with the company footing 40 per cent of the bill.

Controlling shipping line surcharge increases for market stability

Friday, Mar 15, 2024

Port authorities and maritime inspectorates must monitor shipping company fees and surcharges to prevent violations amidst rising container transportation costs for imports and exports.

Vietnamese shipping industry concerned over THC hikes by foreign shipping companies

Saturday, Feb 24, 2024

The lack of regulations governing shipping routes and the arbitrary imposition of fees by foreign shipping companies, including THC, have detrimentally affected the interests of Vietnamese importers and exporters, as well as the country''s ports and logistics sector.

Seaport, logistics sector expected to navigate headwinds this year

Friday, Feb 23, 2024

Improvements in import and export demand, especially through inventory replenishment in the US and Europe, as well as the supply, expected to remain stable until 2025, will help seaport firms recover their yields.

MSC seeks investment opportunities in Cần Thơ

Wednesday, Jan 24, 2024

Secretary of the Cần Thơ Party Committee Nguyễn Văn Hiếu and leaders of the municipal People''s Committee, departments and sectors on January 24 worked with representatives of the Thanh Binh Phu My Joint Stock Company and the Mediterranean Shipping Company...