In light of challenges to its regional competitiveness, Maersk Line recommends Vietnam can improve productivity through technology and use of e-solutions. According to Maersk Line Vietnam’s first trade report for 2014, Vietnam’s economic outlook remains modest in the face of challenges to its competitiveness. In spite of declining Foreign Direct Investment, the country still enjoys […]

JAPANESE shipping giant MOL will increase the rate for Far East shipments to Japan US$50 per TEU and $100 per FEU from July 1 and then again on July 15. The implementation is a rate restoration to recover the ever-increasing operational costs and sustain the service quality to customers, said the MOL statement. The increase […]

“Financially troubled deep-sea ocean carriers are increasingly seeking salvation in the intra-Asia market due to higher than usual cargo growth and the availability of cheap vessel charter rates,” said Drewry, the London-based consulting and research company. The most recent issue of Drewry’s Container Insight Weekly reported that it seems that regional services are announced in […]

SEASPAN, the Hong Kong administered by Vancouver headquartered charter owner and container lessor, is to take delivery of the third of seven neopanamaxes, the 10,000-TEU Hanjin Ami. Built by South Korea’s Hyundai Heavy Industries (HHI) will now be assigned to the CKYH ‘PM1’ pendulum service connecting the Mediterranean, the Far East and the US west […]

Vietnam is increasing its global integration and has joined the Trans-Pacific Partnership (TPP) and ASEAN Economic Community (AEC), making it possible for local companies to expand their business in the markets around the world. In contribution to the economic development of Vietnam, there is the important role of logistics and shipping lines companies, carrying importing […]

DANISH shipping giant Maersk Line will raise rates US$575 per TEU from Asia to northern Europe from July 1, the company announced. According to the Shanghai Containerised Freight Index, the rate for an Asia-Europe stood at $1,202 last week.