Cooperation vital to tackle shipping rates

Cooperation vital to tackle shipping rates

Although shipping rates have cooled down slightly, a lasting decrease is unlikely, meaning government support and more business efforts will be required to mitigate the impact.
Shipping companies enjoy positive earnings thanks to high sea freight rates

Shipping companies enjoy positive earnings thanks to high sea freight rates

Record-high sea freight rates have seen shipping companies produce positive second-quarter earnings reports.
State to explore fee cuts for shipping companies

State to explore fee cuts for shipping companies

The Vietnam Maritime Administration has requested that associations, seaport companies and shipping companies be exempted or allowed to pay reduced service fees for containers stored at seaports for a long time.
Local shipping firms struggle for a bigger share

Local shipping firms struggle for a bigger share

Maritime rulers’ supports appear to do little in helping Vietnamese shipping companies stay afloat in the fierce competition with foreign firms.