Category Archives: Marine News EN

VIETNAM’S SHIPPING FLEET RANKS 22ND GLOBALLY

VIETNAM’S SHIPPING FLEET RANKS 22ND GLOBALLY Over the past 30 years, Vietnam’s maritime industry has made remarkable strides, with its fleet now ranked 3rd in ASEAN and 22nd globally. The Vietnam Shipowners’ Association (VSA) has played a vital role in policy advisory, international networking, and fostering a competitive environment. Currently, Vietnam’s fleet consists of approximately […]

OPENING THE WAY FOR LARGE VESSELS AT CÁI MÉP PORT

OPENING THE WAY FOR LARGE VESSELS AT CÁI MÉP PORT After the Cái Mép – Thị Vải maritime channel was upgraded, the region’s cargo throughput gradually increased. However, challenges have also grown as large vessels frequently navigate the ports. Upgrading the maritime channel infrastructure has enabled Cái Mép Port to accommodate more large vessels, significantly […]

THE MOST MODERN SUPPLY SHIP IN NORTHERN VIET NAM

THE MOST MODERN SUPPLY SHIP IN NORTHERN VIET NAM The Bach Long Vi ship is part of a project to construct two new vessels for supply and inspection operations at the Spratly Islands and other remote offshore areas. Delivered in October 2024, the ship undertakes critical missions, including supplying food and fuel, inspecting lighthouses, protecting […]

MANY PORT SERVICES TO BE SUBJECT TO PRICE DECLARATION

MANY PORT SERVICES TO BE SUBJECT TO PRICE DECLARATION Under the new regulations, port services are defined as services provided by service enterprises, maritime transport businesses, or representatives of maritime transport businesses. These services involve charging customers fees for facilitating the transportation of goods and passengers through seaports. Services such as maritime pilotage, ship towing, […]

CHITTAGONG PORT SEES 13% FALL IN EXPORT CONTAINER HANDLING

CHITTAGONG PORT SEES 13% FALL IN EXPORT CONTAINER HANDLING Port of Chittagong Handling of outbound containers at Chittagong port fell by 13% in October, compared to September, in a month that both the transport drivers and garment workers enforced repeated strikes. Data shows that in October, the prime seaport of Bangladesh handled 66,932 TEU of […]

PERU BECOMES NEW CENTER OF RIVALRY BETWEEN THE U.S. AND CHINA

PERU BECOMES NEW CENTER OF RIVALRY BETWEEN THE U.S. AND CHINA The U.S. has moved to counter China’s investments in a mega port in Peru with the Department of State funding an initiative that will establish a sister relationship between the ports of Hueneme in California and Paita in Peru. As China’s President Xi Jinping inaugurated the […]

PORT OF WEIFANG BECOMES CHINA’S FIRST “CARBON-NEUTRAL” SEAPORT

PORT OF WEIFANG BECOMES CHINA’S FIRST “CARBON-NEUTRAL” SEAPORT Weifang Port has become the first port in China to officially achieve carbon neutrality, amid a huge push to decarbonize the global shipping industry. On 15 October, the port in Shandong was certified as carbon-neutral by the China Classification Society Quality Certification Company, according to a government statement. […]

CLOSURE AT CANADA’S LARGEST PORTS BEGINS

CLOSURE AT CANADA’S LARGEST PORTS BEGINS The International Longshore and Warehouse Union (ILWU) Local 514 began striking at West Coast Canadian ports on November 4 in response to the British Columbia Maritime Employers Association (BCMEA) announcing port lockouts starting that afternoon to “ensure operations cease safely and orderly.” BCMEA argued that ILWU’s strike actions disrupted […]

TANKER RATES EDGE UPWARDS BUT UNCERTAINTIES REMAIN

TANKER RATES EDGE UPWARDS BUT UNCERTAINTIES REMAIN Brokers noted a number of off-market deals agreed during Bahri Week in Dubai and the signs, for the moment, are broadly positive. Private deals agreed in Dubai last week moved rates upwards in owners’ favour with earnings on most routes in positive territory, according to reports. Brokers noted […]

STRETCHED AND INSECURE SUPPLY CHAINS HURT THE POOREST NATIONS MOST

STRETCHED AND INSECURE SUPPLY CHAINS HURT THE POOREST NATIONS MOST Extended supply chains are increasing shipping costs and are having a “profound impact” on global energy and food supplies as well as the global economy according to the United Nations Conference on Trade and Development (UNCTAD)’s latest maritime review. The Review of Maritime Transport 2024 […]

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