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Every story tagged shipping on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

Stories tagged shipping

38 stories in this topic

korea export
Aiko TanakaLogistics

Sea shipping costs dip amid sliding demand

Sea shipping costs have plunged by over 80% from the previous peak as consumption has dropped amid inflation concerns. Tran Lam Son, CEO of wood and furniture exporter Thien Minh, said that shipping a container to Europe now costs around $1,700, down nearly…

logistics 1
Sarah ChenLogistics

Vietnam poised for record trade

Vietnam’s foreign trade is set to exceed US$700 billion this year, the highest ever, the customs department said. It has risen steadily from $500 billion in 2020 and $600 billion last year. In the first 11 months exports rose bviy 13.4% from a year earlier to…

Shipping 1
Wei ZhangLogistics

Shipping firms sail past annual profit target in 9 months

Many shipping firms have earned profits surpassing their annual target in the first nine months of the year, riding a wave of high demand and high freight rates. The Petrovietnam Transportation Corporation recorded after-tax profits of nearly VND390 billion…

Shipping
Aiko TanakaGeneral

New Shipping Methods That Are Changing the Way We Do Business

As the world of e-commerce and online shopping continues to grow, so do the shipping options. Where once there were only a few methods to choose from, now there are many different types of shipping that cater to different needs. Here is a look at some of the…

Fedex Asia
Sarah ChenLogistics

FedEx to expand operations at Guangzhou hub

FedEx Express announced last week it has signed an agreement with Guangdong Airport Authority Logistics Company to expand and upgrade the FedEx Guangzhou Gateway by establishing a new operations center at Guangzhou Baiyun International Airport. The new ‘FedEx…

RORO Shipping
Sarah ChenLogistics

Shipping firms report double-digit growth

Shipping companies have had one of their best quarters in years with most reporting double-digit growth thanks to high rates. Vinalines, the country’s biggest shipper, saw a near doubling of its profits year-on-year to VND1.43 trillion (US$61.19 million) in…

Shipping
Aiko TanakaLogistics

Shipping firms post profit surge

Many shipping companies have posted a year-on-year surge in profits in Q3, driven primarily by higher freight rates. The Vietnam Maritime Corporation (VIMC) has recorded third-quarter revenues of VND4.127 trillion ($179.4 million), up 71 percent year-on-year,…

Vietnam Elogistics
Wei ZhangLogistics

ZIM buys 7 ships in move from charters to owning vessels

In a clear move away from chartering to owning ships, Israeli carrier ZIM Integrated Shipping Services announced the acquisition of seven secondhand vessels – five 4,250 TEU vessels and two 1,100 TEU vessels – for a consideration of approximately $320…

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