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marine transport
Update news marine transport
Pessimistic outlook for maritime transport firms amid weak demand
Sea transport firms are going through a tough time as weak demand has begun to hamper maritime trade and freight rates are expected to fall towards Q1/2023.
Project to develop international merchant fleet in the pipeline
The Ministry of Transport’s Vietnam Maritime Administration (VinaMarine) is collecting feedback from other ministries and agencies on a draft project to develop Vietnam’s international merchant fleet.
Vietnam - Russia sea, rail transport routes connected
The connection between the marine freight route between Vietnam and Vladivostok in Russia and a rail route from Vladivostokt to Moscow was launched at a ceremony on September 6.
Revised law for brighter railway outlook
Members of the National Assembly Standing Committee (NASC) yesterday agreed that the revised railway law needs comprehensive regulations that will help revitalise the country’s railway industry.
Exporters face rising costs
VietNamNet Bridge – Local exporters are facing additional pressure from rising marine transport costs charged by foreign shipping firms, which has led to Vietnamese exports becoming less competitive.
