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CMA CGM and Hapag-Lloyd to stop all spot freight rate increases
ReadmoreMEKSEA.COM – Recently, the announcement to stop increasing spot rates from two tycoons CMA CGM and Hapag-Lloyd has become “hot” information for the shipping market. This is considered a positive signal for import-export businesses, hoping that the ocean transport market will calm down in the near future. Recently, congestion at important bottlenecks in the supply […]
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Frozen Tuna: Vietnam becomes largest tuna exporter of Israel
ReadmoreMEKSEA.COM – Despite facing many difficulties, Vietnam is always sensitive to market and makes effort in export industry, tuna export turnover in the first half of the year increased impressively. In the first 6 months of 2021, Vietnam went past Thailand to become becomes Israel’s biggest tuna supplier. At present, Israel is the third-largest tuna export […]
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Warning of raw materials shortage for seafood factories
ReadmoreMEKSEA.COM – The complicated and prolonged situation of covid-19 in the southern provinces and the Mekong Delta has seriously affected shrimp farming activities in the localities. It is forecasted that in the fourth quarter of this year, there will be a serious shortage of shrimp materials, leading to a sharp increase in product prices, especially […]
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Logistics: Disruptions at major seaports in China and the US push freight rate up further
ReadmoreMEKSEA.COM – Disruptions at seaports in China and the US have significantly affected global trade. That not only disrupted supply chains but also increased international freight rate. In China, the policy of tightening anti-epidemic measures is considered to be the cause of the difficult circulation of goods. Therefore, a large amount of goods to be […]
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Logistics: Freight cost will increase sharply in the last quarter of the year
ReadmoreMEKSEA.COM – This year, freight cost witnessed a record price rise and experts forecast it will continue to increase in the last quarter of the year. This seriously affects the business activities of many import-export companies. What’s the solution to the situation of increasing freight cost? According to SSI Research’s Logistics Industry Update Report, the […]
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Meksea proposed solutions to VASEP to recover production and business after the pandemic
ReadmoreMEKSEA.COM – Covid-19 has been putting pressure on Vietnam’s economy, especially the seafood export industry. Many enterprises faced the risk of bankruptcy due to the inability to pay their bank debts. Recently, Meksea proposed solutions to the Vietnam Association of Seafood Exporters and Producers (VASEP) to help businesses recover production after the pandemic. It is […]
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Container line schedule reliability significantly decreased in August 2021
ReadmoreMEKSEA.COM – Recently, Sea-Intelligence analysts said that the container line schedule reliability has fallen to the lowest in the past 10 years, specifically, the container line schedule reliability dropped to 33.6% in August. According to statistics, no shipping line has achieved 50% of container line schedule reliability in August, and there are even 6 shipping […]
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MARD’s Working Group 970 launched forum “Agricultural Production and Consumption”
ReadmoreMEKSEA.COM – Working Group 970 hold a virtual forum “Agricultural Production and Consumption” with the attendance of Le Minh Hoan – Minister of Agriculture and Rural Development, Deputy Minister Le Quoc Doanh, Deputy Minister Phung Duc Tien and more than 400 bridge broadcasting representatives of local Departments of Agriculture, experts, distributors and above 200 enterprises and […]
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Vietnam: Warning of raw materials shortage for seafood factories
ReadmoreMEKSEA.COM – According to enterprises, materials for export processing only reach about 40-50% due to social distancing. It is estimated that the source of materials for seafood export in the last months of the year will lack 20-30%. According to the Vietnam Association of Seafood Exporters and Producers (VASEP), the export market has succeeded but the […]
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The situation of Seafood in Vietnam – Aug 2021
ReadmoreMEKSEA.COM – The situation of the Covid-19 epidemic is still having a heavy impact on the production and export of seafood in Vietnam. Please see details below edited by Meksea team: HCMC to ban people from going out starting August 23 The coronavirus situation in Ho Chi Minh City is progressing complicatedly despite its […]