Vietnam becomes Port of Savannah’s fastest-growing trade partner

Vietnam has emerged as the Port of Savannah’s fastest-growing trade partner. Manufacturing growth and logistics expansion continue to drive cargo volumes higher. Georgia Ports Authority President and CEO Griff Lynch said Vietnam is becoming a major logistics market due to its strategic location and business-friendly policies. Recent trade policy changes are also supporting growth. The […]

Yinson JV Secures US$600 Mil FSO Contract For Vietnam Offshore Project

Yinson Holdings Bhd, through its joint venture PTSC Southeast Asia Pte Ltd (PTSC SEA), secured a contract with Vietnam’s Phu Quoc Petroleum Operating Company (PQPOC) to provide and charter a floating storage and offloading (FSO) vessel for the offshore Block B Field in southwest Vietnam. The contract – valued at US$600 – covers the provision, […]

DP World and VIMC Launch Mekong Express to Boost Vietnam’s Coastal Logistics

DP World, in collaboration with VIMC Container Lines Joint Stock Company (VIMC Lines), has launched the Mekong Express – a new domestic sea-river transport service linking Can Tho (Cai Cui) Port and Cai Mep Port in southern Vietnam. Operating twice weekly, the Mekong Express dramatically reduces delivery times between the two ports from 48 hours […]

Hapag-Lloyd increases rates for Asia Americas shipments

Hapag-Lloyd announced a General Rate Increase (GRI) from Asia to the West Coast of South America, the East Coast of South America, Mexico, Central America, and the Caribbean. This GRI will apply to cargo transported in 20′ and 40′ dry containers, including high cube equipment and 40′ non-operative reefers. The new rate increase will apply […]

Oil spill emergency at Keelung Port as Kanway Lines ship leaks 100 Litres

Dockers working on oil leak / Source: Taiwan International Ports Corporation Kanway Global has been leaking bunker fuel in Taiwan’s Keelung port since 16 March, causing seven other ships docked nearby to be tainted. The leak happened shortly after the 1998-built, 1,675 TEU Kanway Global was refueled after 10 pm local time. Local reports suggested […]

MSC revises Asia to North America West Coast service network

MSC Jade / Source: www.vesselfinder.com   Swiss/Italian ocean carrier MSC has decided to proceed with announced changes to its standalone network of its East/West services. In particular, the company will move the vessel fleet deployed on the Mustang service into the Pacific Northwest. “In response to the current market conditions for Transpacific trade, we have […]

CMA CGM raises rates for Northern Europe and Mediterranean shipments

French ocean carrier CMA CGM has announced increases in its rates for shipments to Northern Europe and the Mediterranean. The company has announced the implementation of a Peak Season Surcharge, effective from 1 February 2025, for shipments from the South America West Coast to North Europe, including Scandinavia, Poland, and the Baltic region. For shipments […]