Global shipping fees skyrocketed because of the Russia-Ukraine conflict

Global shipping fees skyrocketed because of the Russia-Ukraine conflict

Companies increase charter rates, raise prices for air freight, and even impose a war risk surcharge due to the tense situation.
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Establishing Vietnam - Malaysia - India shipping route

Establishing Vietnam - Malaysia - India shipping route

On November 25, Vietnam Maritime Corporation (VIMC) opened a container transport route directly connecting Vietnam - Malaysia and India.
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Sea shipping business is very profitable

Sea shipping business is very profitable

Profits of shipping companies in the third quarter grew three or four digits when freight rates doubled after only a few months.
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