COSCO
SITC
The Red Sea crisis has pushed sea freight rates sharply higher recently, however, rates are currently showing a downward trend. Business Forum Magazine has conducted an exchange with Mr. Nguyen Hoai Chung, Founder and CEO of Phaata, regarding this trend.
Scheduled reliability improved compared to start of Red Sea Crisis
Phaata
| 06-05-2024
Sea-Intelligence has published its latest Global Vessel Performance (GLP) report, which includes scheduled reliability data through March 2024.
HMM sees opportunities even though Hapag-Lloyd exiting THE Alliance
Phaata
| 25-04-2024
Mr. Kim Kyung-Bae, CEO of HMM shipping company, believes that Hapag-Lloyd leaving the transport alliance THE Alliance will be a great opportunity for HMM to continue to develop its scale.
Sea-Intelligence: Number of blank sailings decreases sharply
Phaata
| 19-04-2024
The number of blank sailings on the Asia-North Europe, Asia-North America East Coast and Asia-Mediterranean routes has dropped sharply in recent weeks.
International shipping and logistics market update - Week 7/2024
Phaata
| 17-02-2024
International logistics and container shipping market update on Asia, Europe and North America routes in the week 7/2024.
Sea-Intelligence forecasts 16% increase in global TEU*Miles due to Red Sea crisis
Phaata
| 16-02-2024
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According to Sea Intelligence, the global TEU*Mile increased by 16% as the Red Sea crisis required a corresponding 16% increase in capacity and service providers had to find ways to accommodate this spike.
HMM maintains profitability in Q4 2023.
Phaata
| 15-02-2024
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South Korea's HMM container shipping line maintained profitability in the fourth quarter of 2023 despite pressure on the container shipping market.
Maersk May Consider Acquisition of DB Schenker
Phaata
| 13-02-2024
Maersk may consider acquiring DB Schenker after revealing its stance during the Q4 2023 earnings conference on February 8.
DSV: Red Sea crisis having a limited impact on airfreight
Phaata
| 12-02-2024
According to DSV, customers are “buffering up” to counter the impact of the Red Sea crisis and have not yet turned to air freight. Air transport
International shipping and logistics market update - Week 6/2024
Phaata
| 10-02-2024
International logistics and container shipping market update on Asia, Europe and North America routes in the week 6/2024.
Harim Group withdrew from the purchase of HMM
Phaata
| 08-02-2024
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Harim Group announced that it will withdraw from the acquisition of Korea's largest shipping line HMM.
CMA CGM temporarily suspends transit services via Red Sea
Phaata
| 07-02-2024
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Shipping line CMA CGM announced that all services initially routed via the Red Sea route will now bypass the Cape of Good Hope.
Container freight rates on Asia-Europe route adjusted to decrease
Phaata
| 06-02-2024
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The Shanghai Container Freight Index (SCFI) showed that for the third consecutive week, there has been a downward revision in freight rates for Asia-Europe routes, which have been hardest hit by the Red Sea crisis.
Finding Freight rates and Logistics companies?
| Logistics Company | Origin / Destination | Container Size/Type | ETD | Transit time | Surcharges | Freight cost | Total cost | Valid till | Booking | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Ho Chi Minh
Mombasa
|
20'GP | Sat | 35 Days Transit |
₫4,710,285
|
₫91,659,600 | ₫96,369,885 | 31-05-2024 | ||||||||||||||||||||||
|
Hai Phong
Visakhapatnam
|
40'HQ | Daily | 18 Days Transit |
₫6,619,860
|
₫29,280,150 | ₫35,900,010 | 15-05-2024 | ||||||||||||||||||||||
|
Ho Chi Minh
Oakland
|
20'GP | Tue/ Fri | 38 Days Transit |
₫7,205,463
|
₫90,641,160 | ₫97,846,623 | 15-05-2024 | ||||||||||||||||||||||
|
Da Nang
Kaohsiung
|
20'GP | Mon | 3 Days Direct |
₫4,837,590
|
₫3,819,150 | ₫8,656,740 | 31-05-2024 | ||||||||||||||||||||||
|
Ho Chi Minh
New York
|
20'GP | Daily | 35 Days Transit |
₫5,856,030
|
₫92,932,650 | ₫98,788,680 | 14-05-2024 | ||||||||||||||||||||||
| Logistics Company | Origin / Destination | ETD | Transit time | Freight cost | Origin cost | Destination cost | Total cost | Valid till | Booking | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Hai Phong
Yokohama
|
Sat |
9 Days Direct |
Refund ₫1,400,355
/cbm |
₫1,782,270
|
-
|
₫381,915 | 31-05-2024 | ||||||||||||||||||||||
|
Shanghai
Ho Chi Minh
|
Thu/ Fri/ Sat |
5 Days Direct |
Refund ₫1,909,275
/cbm |
-
|
₫1,781,990
|
Refund ₫127,285 | 30-05-2024 | ||||||||||||||||||||||
|
Shanghai
Ho Chi Minh
|
Daily |
7 Days Direct |
Refund ₫1,272,850
/cbm |
-
|
₫1,680,162
|
₫407,312 | 31-05-2024 | ||||||||||||||||||||||
|
Keelung
Ho Chi Minh
|
Sat |
4 Days Direct |
₫0
/cbm
|
-
|
₫1,603,791
|
₫1,603,791 | 18-05-2024 | ||||||||||||||||||||||
|
Ho Chi Minh
Montreal
|
Daily |
39 Days Direct |
₫3,052,800
/cbm |
₫585,120
|
₫2,009,760
|
₫5,647,680 | 30-04-2024 |
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| Logistics Company | Origin Destination | ETD | Transit time | Freight cost | Surcharges | Estimated total cost | Valid till | Booking | |||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Singapore (SIN)
Hanoi (HAN)
|
Daily |
1 Days
Direct |
₫124,739 /kg |
₫1,145,565
|
₫1,270,304 | 18-05-2024 | |||||||||||||||||||||||||
|
Ho Chi Minh (SGN)
Melbourne (MEL)
|
Daily |
1 Days
Direct |
₫132,382 /kg |
₫255,013
|
₫387,394 | 12-06-2024 | |||||||||||||||||||||||||
|
Hanoi (HAN)
Asahikawa
|
Daily |
2 Days
Direct |
₫144,077 /kg |
₫0
|
₫144,077 | 31-05-2024 | |||||||||||||||||||||||||
|
Ho Chi Minh (SGN)
Chennai
|
Daily |
3 Days
Direct |
₫213,605 /kg |
₫0
|
₫213,605 | 14-04-2024 | |||||||||||||||||||||||||
|
Ho Chi Minh (SGN)
Tokyo (HND)
|
Daily |
1 Days
Direct |
₫174,790 /kg |
₫0
|
₫174,790 | 30-04-2024 | |||||||||||||||||||||||||
| Logistics Company | Origin / Destination | Container Size/Type | ETD | Transit time | Surcharges | Freight cost | Total cost | Valid till | Booking | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Binh Dinh (Dieu Tri Station)
Dong Nai (Trang Bom Station)
|
40'GP | Daily | 1 Days Direct |
₫0
|
₫5,499,936 | ₫5,499,936 | 31-05-2024 | |||||
|
Binh Dinh (Dieu Tri Station)
Dong Nai (Trang Bom Station)
|
40'HQ | Daily | 1 Days Direct |
₫0
|
₫5,499,936 | ₫5,499,936 | 31-05-2024 | |||||
|
Ho Chi Minh
Ekaterinburg
|
20'GP | Daily | 37 Days Transit |
₫0
|
₫110,245,590 | ₫110,245,590 | 31-05-2024 | |||||
|
Ho Chi Minh
Ekaterinburg
|
40'GP | Daily | 37 Days Transit |
₫0
|
₫135,282,420 | ₫135,282,420 | 31-05-2024 | |||||
|
Ho Chi Minh
Ekaterinburg
|
40'HQ | Daily | 37 Days Transit |
₫0
|
₫135,282,420 | ₫135,282,420 | 31-05-2024 |
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