Viet Nam Association of Seafood Exporters and Producers (VASEP) general secretary Nguyen Hoai Nam said the world market had seen a recovery, and sales of seafood products has risen more than other types of food. Meanwhile, Viet Nam maintained stable and high quality seafood supplies, as the nation was estimated to gain a year-on-year increase of 18 per cent in seafood export values for this year, rising to $7.9 billion, reported vietnamplus.vn.
The future of the Capesize dry bulk market appears to be engulfed from mixed “feelings” among analysts and market participants, despite the fact of the relatively positive performance of late. The “pessimists”, as described by shipbroker Allied Shipbroking’s latest weekly report, are negative regarding the future prospects of the Capesize market, at least during the first half of 2015, while things are not looking much better for 2015 as a whole.
CLARKSON Research's Container Intelligence Monthly predicts mainlane trade volumes on the Asia-Europe headhaul route will grow seven per cent to 15.6 million TEU in 2015, after the tradelane recorded eight per cent year-on-year growth in the first nine months of this year. The increase follows an uptick in volumes in the second half of 2013, with northern European imports giving the strongest performance.
HONG KONG's Orient Overseas Container Line (OOCL) has joined other shipping lines in rescinding its congestion surcharge for cargo entering North American west coast ports. "Further to our announcement released on November 25th, OOCL has decided to postpone the imposition of the Port Congestion Surcharge (PCS) on all cargo entering the United States via US west coast port or Canadian west coast Gateways," the company said.
Maersk Line will close down its Trans-Pacific 5 (TP5) US-flag service operated by its Maersk Line Ltd affiliate in January next year as part of a strategy to eliminate unprofitable Pacific services. The five ships on the route include four 4,300-TEU vessel formerly owned by Sea-Land Service and one ship chartered from Mediterranean Shipping Co (MSC).
The Noi Bai International Airport’s new international terminal will open on December 31 after a brief trial run from December 20- 25. Transport Minister Dinh La Thang said that along with the new terminal, the airport must invest in human resources so it could deliver high-quality services to international passengers.
SHIPPING lines are seeking a general freight rate hike to stick in July on the Asia-Europe trade after prices on services to northern Europe picked up steam. The latest figures from the Shanghai Containerised Freight Index show that freight rates on services from Shanghai to northern Europe increased by US$19 on a week ago to $1,202 per TEU.