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News - VY KHANG TRADING AND TRANSPORTATION JSC

China begins construction of new canal in the southwest

Aerial photo shows the Qinzhou port near the estuary of Pinglu Canal, in Qinzhou city, South China’s Guangxi Zhuang autonomous region. The construction works in China’s new canal, the Pinglu Canal, started on 23 May in south China’s Guangxi Zhuang Autonomous Region, according to the regional Department of Transportation. The Pinglu Canal, stretching over 134 […]

Ocean Network Express opens new branch in Ireland

Ocean Network Express (ONE) opened its first completely owned branch in Ireland. The new branch launched on 1 June in Dublin, the capital of the country. “The new ONE office will provide quality and reliable shipping services to customers based in Ireland, with a strong focus on customer satisfaction,” said the company in a statement. […]

Asian water sees 13% rise in sea robbery in first months of 2023

Source: International Maritime Organisation (IMO) With fragile economic conditions and inflationary pressure worldwide which drive individuals to commit piracy and sea robbery, the Asian water saw a 13% rise in piracy and ship burglary during the January-May period compared to the same months last year. According to the Regional Cooperation Agreement on Combating Piracy and […]

Reduced container activity at port of Yokohama

The Port of Yokohama handled 225,523 TEUs in total in February, representing an 8.9% decrease from the same month in 2022. In particular, exports and imports of the Japanese port accounted for 199,510 TEUs overall, falling by 9.4% year-on-year. In breakdown, there were declines in both sectors. Exports declined by 1.4% to 113,267 TEUs and imports […]

Ports of Shenzhen and Gothenburg enhance their relations

The Shenzhen delegation together with Port of Gothenburg officials / Source: Gothenburg Port Authority Last week, a delegation of 20 individuals from the port of Shenzhen in China visited the Swedish port of Gothenburg to sign a sister port agreement. The agreement’s goal is to increase cooperation between the two ports on issues such as […]

Port Houston sees container export rise amid import softening

Container exports from Port Houston continue to exceed the previous year’s figures with loaded exports being up 17% year-on-year, driven mainly by increased demand for resin exports. Through April, Port Houston handled 1,026,260 loaded TEUs, breaking the million-TEU barrier earlier than ever before. Import container traffic was predicted to decline this year compared to the […]