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News - VY KHANG TRADING AND TRANSPORTATION JSC

Looming Christmas crisis due to ongoing congestion chaos

Global supply chain issues are threatening Christmas deliveries to retailers, as we’ve seen sustained port congestion in the US, and now parts of the UK. It continues to disrupt shipping lines and the movement of goods worldwide. We have seen congestion ease in major Chinese container ports such as Ningbo, with the number of vessels […]

Box volume growth continues at Port Houston

Port Houston has achieved double-digit growth for the seventh consecutive month in its container throughput. The port in Texas has handled 281,500TEU in September, representing an increase of 11% over the same month of the previous year. The improved performance has been mainly driven by increased consumer spending, according to the port authority. Additionally, from […]

Adani Ports’ ban decision may put India’s bilateral relations at risk

Industry experts and exporters voice their concerns after India’s largest private port player Adani Ports & Special Economic Zone (APSEZ), which operates Mundra Port in Gujarat, announced that on 15 November it will stop handling containerized cargo from Iran, Afghanistan and Pakistan. It is believed that this reaction of Adani Ports will have a major impact […]

Amazon to accelerate digitalisation at Port of Thessaloniki

Thessaloniki Port Authority S.A. (ThPA) and Amazon Web Services (AWS) have held a meeting during the 85th Thessaloniki International Fair aiming to transform the Greek port into a “smart port” through digitisation of systems and smart technology. The executives of ThPA and AWS, which is a subsidiary of the American multinational technology company Amazon, discussed […]

Maersk and Danish Crown partner on global end-to-end logistics

A.P. Moller – Maersk has entered into a three-year agreement with the food manufacturer Danish Crown for end-to-end logistics globally. The deal is effective from 1 October and constitutes the largest one on reefer logistics in Europe. The strategic partnership covers all Danish Crown’s business units, delivering solutions on ocean services, inland logistics and cold […]

Busan to get more container storage as US West Coast congestion spills over

Busan is becoming increasingly congested and the lack of storage space for export-bound containers in South Korea’s main container port has made officials create temporary storage from the hinterland of the West Container Port in Busan New Port. Outbound containers are usually moved into yards in the port to await loading. However, worsening congestion in […]

Port Everglades signs MoU with Honduran authority and operator

Port Everglades, the National Port Authority of Honduras and the terminal operator at Puerto Cortes, Operadora Portuaria Centroamericana (OPC), have signed a Memorandum of Understanding (MOU) as part of a joint Sister Seaports agreement. The agreement was signed on 5 October during the sixth Annual Latin America Ports Forum and aims to establish an alliance […]

COSCO launches express alternatives to US West Coast

COSCO Shipping Lines (COSCON) is launching Transpacific BCO Express Line this week, comprising the Prince Rupert express line (CEN-EXPRESS) and the Los Angeles express line (CEN-PLUS) Using five 4,250TEU ships, CEN-EXPRESS will move containers from Qingdao and Shanghai to Prince Rupert while CEN-PLUS, assigned six 10,000TEU vessels, will call at Tianjin, Qingdao, Shanghai and Los […]

ZIM establishes new digital freight forwarding company

ZIM has announced the creation of its new subsidiary, Ship4wd, a digital freight forwarding platform offering an online, simple and reliable self-service end to end shipping solution. Ship4wd will launch on 18 October 2021 and will target US & Canadian small and medium-sized businesses (SMBs) importing and exporting from China, Vietnam and Israel. ZIM said […]