Industry insights

Ports in Ukraine Halt Operations After Russia’s Invasion

Russian forces have launched a full-scale invasion of neighboring Ukraine, attacking many locations across the country. Ukraine's military has suspended commercial shipping at its ports, an adviser to the Ukrainian president's chief of staff revealed,...

HCM City Ports Begin Trial of Automatic Collection of Infrastructure Fees

A one-month trial operation of an automatic system for collecting fees for use of infrastructure and public services at ports began in Ho Chi Minh City from February 16 to March 15.

MSC Announces Rate Increases in Europe Effective Starting on 1st March 2022

Due to the strong demand for containers and consequent difficulties to supply needed equipment in Europe, Mediterranean Shipping Company (MSC) has updated its rate increase for routes in the EU before the 2022 peak season.

Korea FTC Fines 23 Shippers 96.2 Billion Won for Collusion on Freight Rates

South Korea’s Fair Trade Commission imposed fines totaling 96.2 billion won against 23 Korean and foreign shipping companies charged with colluding on freight rates, the antitrust regulator said in a statement.

Shipping Line A.P. Moller- Maersk Expects Cargo Delays To Persist

Leading container shipping group A.P. Moller-Maersk on 18th Jan 2022 warned its customers that it was still struggling to deliver cargo around the world because the easing of port congestion is taking longer than Maersk...

Vietnam Import Cargo Labeling Requirement Effective 15 Feb 2022

In the face of increasing signs related to trade remedies evasion and origin fraud, etc., Decree No. 111/2021/ND-CP was published by the Government of Vietnam, which is considered as one of the most effective solutions...

Covid-19 Impact On Global Supply Chains

This article explores the global supply chain ramifications of Covid-19. The pandemic is demonstrating to be a super-accelerator of several megatrends which have been formed before Covid-19, including globalization shifts, digital disruption, and the e-commerce...

FMC Conducts an Investigation into Wan Hai as it Continues to Target D&D Fees

The U.S Federal Maritime Commission is looking at Wan Hai due to its refusal to waive detention fees

Maersk Buys Asian Warehouse Giant with USD 3.6 Billion Takeover

A.P. Moller- Maersk is spreading inland logistics with a view to seeking growth. It makes a “big bet on Asia” by buying LF Logistics, a Hong Kong-based warehouse giant.