Month: May 2025

The Liberia-flagged container ship MSC ELSA 3 sank off the coast of Kochi, India, after suffering a severe list approximately 38 nautical miles southwest of the port. Fortunately, all 24 crew members were safely rescued, and environmental response efforts are currently underway. The incident began during the vessel’s voyage from Vizhinjam Port on May 23,

Container shipping rates from Shanghai to the U.S. have surged as shippers rush to take advantage of a 90-day tariff suspension, raising concerns about capacity shortages and supply chain congestion.   The weekly freight rate report from the Shanghai Shipping Exchange, released on Friday, has painted a clear picture of the growing frenzy on the

In the journey to conquer the international market, sending goods to the US is still one of the important and sustainable strategies of many Vietnamese enterprises. Although many enterprises are currently pushing to penetrate new markets such as the Middle East, Africa or South America, the US still plays the role of a “gateway” to

The US’s official removal of the de minimis threshold for imports from China is putting the global air cargo market at risk of a sharp decline in demand and creating an unprecedented chain of impacts on e-commerce and logistics. Global air cargo volumes in April increased +4% compared to the same period last year. However,

WASHINGTON/BEIJING, May 7 (Reuters) – U.S. Treasury Secretary Scott Bessent and chief trade negotiator Jamieson Greer will meet China’s economic tsar He Lifeng in Switzerland this weekend for talks that could be the first step toward resolving a trade war disrupting the global economy. News of the planned Geneva meeting, first announced by Washington late Tuesday, sent

Lệnh ngừng bắn tại Biển Đỏ có thể mở lại tuyến vận tải qua kênh đào Suez, làm dư thừa công suất tàu và kéo giảm giá cước vận tải container toàn cầu. Houthi Press Release Các tuyến hàng hải chuyển hướng qua mũi Hảo Vọng để tránh các cuộc tấn công kể từ tháng

HANOI, May 7 (Reuters) – Vietnam’s imports from China and exports to the United States both reached a post-pandemic record in April, amid talks with Washington to reduce Hanoi’s trade surplus and a crackdown on Chinese goods being shipped to the U.S. via its territory. The Southeast Asian nation faces the risk of 46% duties

Major ports in the U.S. Gulf region, such as Houston and New Orleans, have reported cargo growth in March 2025, despite fluctuations in tariffs and the global market. Port of Houston Recovers Container Volume in March After a slowdown in cargo traffic in February, the Port of Houston handled 386,864 TEUs (twenty-foot equivalent units) in

Despite the intensifying U.S.–China trade war, container shipping rates on the trans-Pacific route have remained remarkably stable. This resilience is attributed to agile capacity management strategies by shipping lines and a shift in sourcing to Southeast Asian markets. The imposition of a minimum 145% tariff on all Chinese imports has led many U.S. importers to