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Import of cashew material surges
The volume of cashew imported and processed last month was estimated at 95,000 tons worth US$88 million, raising the cashew import in the seven-month period to 333,000 tons with a value of US$330 million.
Veggie, fruit exports up 28%
Vietnam's total exports of vegetables and fruits amounted to US$689.44 million in January-August, up 28.1% year-on-year.
Vietnam-Customs Union FTA negotiations see progress
Progress has been made in the vital third round of negotiations on a free trade agreement (FTA) between Vietnam and the Customs Union of Russia, Kazakhstan and Belarus.
Trade indicators rise after WTO access
Viet Nam's rankings o­n export and import turnover have risen sharply since its access to WTO, according to the General Department of Customs.
Costly logistics act as drag on Vietnam exports
Exports remain a key factor in Vietnam's economic growth, but high logistics costs mean they are unable to achieve their full potential.
Geodis Wilson Opens Logistics Center in Vietnam
8,500-square-foot facility is located in the Cat Lai area of Ho Chi Minh City.
Transpacific carriers seek August rate hikes
Container shipping companies in the Asia-to-U.S. trade are seeking to raise dry cargo container rates by an average of $500 per 40-foot container (FEU).
Intermarine adds Paita, Peru call
Intermarine said it has added the port of Paita, Peru, to its regular liner service from Houston to the west coast of South America.
CKYH Suspends Some Asia-Europe Calls
The four carrier members of the CKYH alliance announced plans to cut capacity on the routes from Asia to Europe and Asia to the Mediterranean, where overcapacity has been undermining the rate increases they and other carriers have implemented this year.
Maersk/CMA moving hub on transatlantic loop
In early July the liner carrier Maersk Line will change the westbound hub on its West Mediterranean (Westmed) transatlantic service from Malaga to Port Tangier.
Hamburg Süd moves service to Los Angeles
Hamburg Süd said it and its partners in vessel-sharing agreements (VSAs) on four services will move terminal operations from the International Transportation Service, Inc. marine terminal in Long Beach, Calif., to the TraPac terminal in Los Angeles beginning in late July.
CPX drops Pipavav, JNPT for Mundra
The ports of JNPT and Pipavav have been dropped in favour of Mundra by the China-Pakistan-India (CPX) service, jointly operated by Yang Ming and Orient Overseas Container Line (OOCL), according to shipping industry sources, reported The Hindu.
MSC says some Europe-Asia service ships fully booked
Mediterranean Shipping Company says ships on four services out of North Europe to Asia are fully booked with export cargo.
Government loses battle against port fee hike
Tasmanian business will be hit with a big increase in Victorian port fees, despite months of negotiations, reported ABC News.
Container Ship Fleet Hits 16 Million TEUs, But Growth Slows
The world container ship fleet has topped 16 million 20-foot equivalent units, but the rate of capacity growth is slowing, according to Alphaliner.
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