Ocean Network Express (ONE) expects profit for the second half of fiscal 2022 to be lower than the profit it reported for the second quarter due to the effects of falling demand and a deteriorating freight market.

The Government Office has just issued Official Letter No. 7287/VPCP-CN dated October 29, 2022 conveying the direction of Deputy Prime Minister Le Minh Khai on fees for using infrastructure works, service works, Public utilities in the seaport border gate area in Hai Phong City.

Department of Transport proposes to reduce 50% of seaport infrastructure fees for goods transported by waterway; the same level of revenue for enterprises in the city and localities.

Ba Ria - Vung Tau: Cai Mep - Thi Vai channel will be expanded 310 - 350 m, 14 - 15.5 m deep in order to improve the exploitation efficiency of the port cluster and welcome large ships.

Merchandise export turnover in October 2022 was estimated at 30.27 billion USD, up 1.5% over the previous month and up 4.5% over the same period last year.

The Global Supply Chain Pressures Index (GSCPI) reported at 1.05 in September 2022, just a quarter of the peak reported in December 2021, has shown that disruption The supply chain segment has been improved for the better.

South Africa's United National Transport Union (UNTU) has served a 48-hour notice on the country's major terminal operator Transnet, indicating the union's intention to embark on strike action from 6 October at 00:01 am (local time).

Indian exporters – now relieved to see some moderation in sky-high freight rate levels amid slowing volumes – have a new cost burden to deal with: a government tax levy.

Maersk-owned global port and terminal operator APM Terminals and Aqaba Development Cooperation signed a Memorandum of Understanding (MoU) for a 15-year extension of their partnership in the Aqaba Container Terminal (ACT) in Jordan.