After a month of valuable learning and experiences with the “MACNELS TALENT 2024″ program, we have together explored and delved deep into the world of logistics. This program has not only provided young people passionate about this field with solid theoretical knowledge but also equipped them with the practical skills needed to become top experts…
COSCO SHIPPING Ports has acquired 12.5% and 30% equity stakes in Thai Laemchabang Terminal (TLT) and Hutchison Laemchabang Terminal (HLT), respectively. The signing ceremony took place in Vietnam on 23 October. The consideration for the acquisition is approximately US$110 million, which includes Berth A2 in TLT, Berths A3, C1-C2 and D1-D3 in HLT, where D1-D3…
Suez and Panama Canal disruptions threaten global trade and development. The disruptions are straining supply chains, driving up costs, and reshaping global trade patterns, with vulnerable economies hit hardest, according to the latest UNCTAD analysis. Canal traffic plumments: Suez stay down, Panama shows signs of recovery. Global trade is facing significant disruptions…
MN SHIPPING CO., LTD will be holding an internal training course focused on the logistics industry. This event is designed to foster knowledge and skill development, tailored specifically to enhance operational efficiency and industry insights. Date: 19 October, 2024 Time: 8:30 AM – 4:30 PM Venue: Oscar Saigon Hotel, 68A Nguyen Hue St., Ben Nghe…
The Northwest Seaport Alliance (NWSA) said its September full international imports reached the highest level since the pandemic period, marking seven straight months of growth. NWSA’s volumes increased by 9.9%, compared to August, and 0.9% compared to September 2023, while full international exports decreased by 7.4% and total international volumes increased by 0.6% compared with…
This presentation delves into the dynamics of South American ports, presenting a comprehensive overview of their operational scale and connectivity. It is useful to follow up on the volumes recently handled by the South American ports in order to have a perspective of the strength of each port and the changes observed between them. By…
The logistics landscape in Vietnam and across Asia is rapidly evolving, fueled by a mix of economic growth, technological advancements, and shifting supply chain demands. Below are some in-depth insights into these changes and their implications: Vietnam’s Expanding Logistics Sector and Its Hurdles Vietnam’s logistics industry is on a growth trajectory, driven…
The container shipping industry has experienced notable fluctuations in stock performance over the past week, reflecting the sector’s inherent volatility. As various companies navigate shifting market dynamics, investors are keenly observing the trends that emerge during this period. This article provides a summary of the recent stock performance of key players in the container shipping…
The North American freight market is experiencing its third major event in two weeks’ time. Hurricane Milton is expected to make landfall in the Tampa, Florida, area as a major Category 3 storm with maximum sustained winds around 125 mph. The storm surge is expected to be more like that of a Category 4 or…
The ILA port worker strike ended last Thursday after the union accepted the USMX offer of a 62% wage increase over the next six years, and agreed to extend the expired contract until a January 15th deadline to resolve the remaining sticking points, with the role of port automation chief among them. Some speculate…