Foreign ocean carriers call shots on 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.
Port backlogs force alternative actions

Port backlogs force alternative actions

With unreceived containers piling up and hampering the work of much-reduced personnel, Cat Lai Port in Ho Chi Minh City has thrown in the towel and requested that importers readjust the shipping routes to alternative destinations.
Cat Lai Port reports dropping revenue while facing overload in H1

Cat Lai Port reports dropping revenue while facing overload in H1

The net profit of Cat Lai Port JSC (HSX: CLL) decreased 22 per cent on-year to VND20 billion ($869,570) in Q2/2021.
Cat Lai Port allows move shipments to other ports

Cat Lai Port allows move shipments to other ports

Cat Lai Port will temporarily stop receiving shipments and allow businesses to store containers at other seaports in Ho Chi Minh City and ICDs.
ICD shortfall may lead to fresh funding

ICD shortfall may lead to fresh funding

As inland container depots are failing to meet growing demands placed on the seaport system, Vietnam is planning to develop more facilities in order to lower logistics costs and entice private investors.
Fierce competition forecast between ports

Fierce competition forecast between ports

Competition between seaports is set to increase in 2020 when more ports open.
HCM City port overloaded, authorities seek to popularise others

HCM City port overloaded, authorities seek to popularise others

The Ministry of Transport has announced plans to limit the cargo handled at HCM City’s Cat Lai Port since volumes are exceeding its handling capacity, exerting pressure on the city’s transport infrastructure.
HCM City proposes road, railway to Cat Lai

HCM City proposes road, railway to Cat Lai

HCM City’s Department of Planning and Architecture has proposed to the government to open a road or railway route dedicated to container trucks entering Cat Lai Port.