Tags

freight rates

Sea freight rates cool, port volumes break records

Sea freight rates cool, port volumes break records

In the first seven months of 2024, the volume of goods passing through Vietnamese seaports is estimated at 501.117 million tonnes, up 16 per cent over the same period in 2023.
Oil tanker operators report massive profits amid soaring freight rates

Oil tanker operators report massive profits amid soaring freight rates

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

Falling freight rates a bane and a boon

Falling freight rates are a bane for global carriers, but a boon for Vietnamese agricultural exporters, who had their profits eroded by high freight rates in the early months of 2022.
Transport firms continue to reap high profits as ocean rates fall slowly

Transport firms continue to reap high profits as ocean rates fall slowly

Sea freight rates are expected to fall in the second half of 2022, but at a glacial pace, allowing transport firms to reap high profits for another six months.
Seaport companies expect high profit in Q3 from rising freight rates

Seaport companies expect high profit in Q3 from rising freight rates

Rising freight rates have helped logistics companies, of which, seaport services have benefited significantly. 
Maritime administration to inspect shipping rates hike

Maritime administration to inspect shipping rates hike

The Vietnam Maritime Administration (VMA) plans to set up a working group to inspect the hike in freight rates among shipping companies that have routes to Europe and America.