MINISTRY OF INDUSTRY AND TRADE CONTINUES TO IMPLEMENTATION OF DIFFERENT SOLUTIONS FOR IMPORT AND EXPORT

03 April 2023

Continue to expand and take advantage of FTA opportunities; open to foreign markets; strongly implement trade promotion solutions... to remove difficulties for import and export.

TRANSPACIFIC OCEAN RATES RETURN TO 2019 LEVELS

January 4, 2023

The pandemic-driven surge in demand for ocean imports catapulted global freight – and rates – to new levels of infamy in 2021 and 2022.

LINES AND SHIPPERS CLASH OVER CBER EXTENSION

Oct 10,2022

Αs the European Commission considers renewing the Consortia Block Exemption Regulation (CBER) that enables current container shipping alliances to operate, liner operators and shippers are once again locking horns.

NEW LOW IN US CONTAINER FREIGHT RATES SET TO EASE INFLATION, REPORTS SHIFL

Sept 06, 2022

SHIFEX, the spot container rate index by the digital freight forwarding platform Shifl, has positive news for US consumers as it shows a continued decline in spot rates that is set to marginally shift power away from carriers.

PORT OF LIVERPOOL WORKERS TO STRIKE OVER PAY

August 16, 2022

More than 500 port operatives at the Port of Liverpool in the United Kingdom will strike over an "inadequate" 7% pay offer, according to the British trade union Unite, which pointed out that in real terms this pay offer is a pay cut.

BRITISH TRADE UNION ANNOUNCES EIGHT-DAY STRIKE ACTION AT PORT OF FELIXSTOWE

August 9, 2022

British trade union Unite has announced that over 1,900 workers at the port of Felixstowe, who are union members, will begin eight days of strike action from 21 August until 29 August.

SHIFT’S PREDICTIONS SHOW DRAMATIC RETREAT IN SPOT RATES

July 29, 2022

According to early indications from SHIFEX, the freight rate index by the digital freight forwarding platform Shifl, box prices on the main Trans-Pacific trade lanes declined, during the third quarter of the year, more than 50% from the September 2021 peak, falling at levels not seen since the beginning of last year.

LONG-TERM FREIGHT RATES FOR AUSTRALIA AND NEW ZEALAND IMPORTS HIT RECORD LEVELS

July 22,2022

The average of all long-term freight rates in Australia and New Zealand imports reached new highs in July, according to this week's update of the container rate platform, Xeneta.

DOWNWARD PRESSURE ON RATES: DEMAND OR SUPPLY DRIVEN?

July 19,2022

Given the recent decline in spot rates (below what could be explained by normal seasonality), maritime data analysis company Sea-Intelligence sought to answer a very relevant question: the downward pressure of spot rates is caused by supply or demand?

VIETNAM EXPORTS DURIAN TO CHINA VIA OFFICIAL CHANNELS

July 13, 2022

After passion fruit, durian has become the second Vietnamese fruit to get permission to enter the Chinese market via official channels.