OOCL unveils its last 24,188 TEU mega vessel

Orient Overseas Container Line (OOCL) celebrated the naming of its twelfth 24,188 TEU eco-friendly mega vessel, “OOCL Portugal,” during a ceremony at the Nantong COSCO KHI Ship Engineering (NACKS) shipyard. This vessel is the final addition to OOCL’s series of 24,188 TEU ships, marking a significant milestone for the company. Laura Liang Aron, Director of…

Japan’s container exports to US surge to 56,174 TEUs in July

Container exports from Japan to the U.S. reached 56,174 TEUs in July, marking a 14.3% increase compared to the same period last year. This represents the fourth consecutive month of double-digit growth, according to data from Descartes Datamyne. Direct shipments accounted for 39,094 TEUs, a 32.8% rise, continuing a year-on-year increase for 12 consecutive months…

Holiday Notice – Vietnam’s Independence Day

Please be informed that our offices will be closed from 𝐌𝐨𝐧𝐝𝐚𝐲, 𝐒𝐞𝐩𝐭𝐞𝐦𝐛𝐞𝐫 𝟐𝐧𝐝, 𝟐𝟎𝟐𝟒 to 𝐓𝐮𝐞𝐬𝐝𝐚𝐲, 𝐒𝐞𝐩𝐭𝐞𝐦𝐛𝐞𝐫 𝟑𝐫𝐝, 𝟐𝟎𝟐𝟒, in observance of Vietnam’s Independence Day. Normal business operations will resume on 𝐖𝐞𝐝𝐧𝐞𝐬𝐝𝐚𝐲, 𝐒𝐞𝐩𝐭𝐞𝐦𝐛𝐞𝐫 𝟒𝐭𝐡, 𝟐𝟎𝟐𝟒. We wish everyone a safe and enjoyable holiday. ——————- 𝗠𝗔𝗖-𝗡𝗘𝗟𝗦 𝗩𝗜𝗘𝗧𝗡𝗔𝗠 Ho Chi Minh Office: 28 Mai Chi Tho St.,…

Hapag-Lloyd falls short of US$800 million profit in first half

Hapag-Lloyd has reported decreased financial figures in the first half of 2024 with revenues of US$9.5 billion, EBITDA of US$2 billion, EBIT of US$900 million and profit of US$800 million. “Even though we were unable to match the exceptionally good results of the prior year, we delivered a very good first half of 2024 thanks…

MSC, Hapag-Lloyd introduce more solo services ahead of alliance changes

MSC and Hapag-Lloyd have begun building up their capacity as both carriers prepare to leave their respective current alliances, according to Alphaliner’s report. MSC, which will split from its 2M partner Maersk, has been launching standalone loops on the Asia – North America and Far East – Europe routes. After launching two additional standalone services…

LCL consol ex HCM/HPH/DAD to HongKong

LCL Consol ex HCM/HPH/DAD to HONGKONG (Transit from Hongkong to Worldwide) 𝐄𝐓𝐃: WEEKLY 𝐓/𝐓𝐈𝐌𝐄: 2-6 DAYS 𝐂𝐀𝐑𝐑𝐈𝐄𝐑: WHL / KMTC / HAI AN / SITC / YML 𝐕𝐈𝐄𝐓𝐍𝐀𝐌 𝐏𝐎𝐑𝐓𝐒: HO CHI MINH / HAI PHONG / DA NANG 𝟓𝟎% 𝐎𝐅𝐅 𝐋𝐎𝐂𝐀𝐋 𝐂𝐇𝐀𝐑𝐆𝐄𝐒 𝐈𝐍 𝐇𝐎 𝐂𝐇𝐈 𝐌𝐈𝐍𝐇 . Valid till 31 Dec, 2024 . Apply for…

Shippers, carriers get ready for tighter customs rules at Singapore from September

Transport service stakeholders handling cargo movements via Singapore Port face a heightened operational challenge complying with a new set of customs rules due to come into effect from 1 September. The requirement calls for advanced or pre-filing of export/import/transhipment cargo information, under what the authority calls a revised “free trade zone (FTZ) regime that was…