freight costs

Update news freight costs

Foreign ocean carriers call shots on freight costs

The domination of foreign ocean carriers and intermediate parties has been causing chaos in seaborne-freight costs, driving exporters and manufacturers into deadlock.

Suez Canal incident: Vietnam’s perspective

On March 23, 2021, on the way from Tanjung Pelepas Port (Malaysia) to Rotterdam Port (the Netherlands), the Ever Given, a container ship, ran aground when moving along the Suez Canal.