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German ocean carrier Hapag-Lloyd announced the addition of a new service in Asia that will have flexible port coverage. This new service, Vietnam Indonesia Straits (VIS), will be effective in April and will replace Hapag-Lloyd’s VNF and SPL services. The rotation of the new service will be Cat Lai (Vietnam) – Singapore – Port Kelang…

Shippers should stay ahead of market curves In the early days of 2023, shippers are navigating a more favorable national freight market. As last year wrapped with a gradual loosening of capacity and lower spot rates, the industry is settling into a deflationary period. Due to retail sales, manufacturing output, and imports decreasing in Q4,…

Bermuda Maritime Operations Centre reported container loss from the 4,738 TEU boxship MSC Shristi approximately 350 nautical miles east of Bermuda. The Liberian-flagged vessel seems to have lost around 45 empty containers, which fell overboard due to bad weather. Maritime Bulletin has reported that according to track and AIS data, the loss of the containers…

On the morning of February 28, in Hanoi, the World Passport Logistics Program coordinated with the Ministry of Industry and Trade and the Embassy of the United Arab Emirates (UAE) to organize an exchange conference on the Passport Logistics initiative. the world and the possibility of enhancing cooperation between Vietnam and the UAE in the…

The European Bank for Reconstruction and Development (EBRD) has launched the second phase of its technical support programme to digitalise the Suez Canal Economic Zone (SCZone). The SCZone authority has established a one-stop shop for investors, managed by its Investor Services Department (ISD), as a means of streamlining administrative formalities and fast-tracking the management of…