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sea freight

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.
MoIT proposes key solutions to cope with rising sea freight prices

MoIT proposes key solutions to cope with rising sea freight prices

The ministry said that in recent times, increases in shipping rates, local congestion at some Asian ports and lack of empty containers have had an impact on activities.
Call for efforts to minimise the impact of skyrocketing sea freight costs

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

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.
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.
Navigating supply chain, shipping issues remain tricky for exporters

Navigating supply chain, shipping issues remain tricky for exporters

Sea freight rates continue to escalate as they track petroleum prices, pushing up export costs and thus reducing the competitiveness of Vietnamese goods, according to businesses.
Shipping companies enjoy positive earnings thanks to high sea freight rates

Shipping companies enjoy positive earnings thanks to high sea freight rates

Thanks to the record-high sea freight rates, shipping companies have witnessed positive second-quarter earning reports and  their stocks are also prospering in the market.