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Shipping costs

News updates related to freight rates.

Freight charges for Urals crude oil shipments to India have risen to $21 million per trip.

The cost of transporting Russian crude oil has seen a sharp increase as demand recovers, while also being impacted by the caution of international shipowners in the face of new sanctions.

Market

Container shipping rates have cooled down after six consecutive weeks of increases, falling to $2,246.

The World Container Index recorded a 3% decline across major trade routes as fuel cost pressures eased, although geopolitical risks remained high.
Tighten transportation fees amidst continuous fuel price fluctuations.

The continuous and significant fluctuations in gasoline and diesel prices in recent times have directly impacted transportation activities, leading to a wave of widespread fare adjustments. This includes intercity buses, coaches, and more.

Nghe An: Highlights of March 29th

Strengthening freight rate management in the face of fuel price fluctuations; Strong increase in demand for solar power; Career orientation program for high school students and the Career Fair...
Nghe An strengthens management of transportation fares in the face of fuel price fluctuations.

The People's Committee of Nghe An province has just issued Official Document No. 2846/UBND-KT dated March 25, 2026, on strengthening the management of transportation fares in the face of fuel price fluctuations.
The Ministry of Construction requests control over transportation costs to prevent "ripple effect" price increases.

The Ministry of Construction has recently issued a document requesting localities and specialized management agencies to strengthen control over transportation fares, avoiding unreasonable price increases.
Rising gasoline prices have pushed up the price of vermicelli and pho in Hanoi by 5,000 VND.

Pressure from rising fuel prices has led 18 transport companies in Ho Chi Minh City and many budget-friendly eateries in Hanoi to simultaneously increase prices to offset operating and material costs.

Podcast Touch and Open: The Middle East Cauldron and the "Heatwave" Reaching Nghe An
March 12, 2026 10:10

Conflicts in the Middle East are not just distant international news; they are directly impacting the economy of Nghe An province. From the arduous fishing trip of fishermen in Quynh Luu to the loss of 200 tons of tea...
Nghe An: Proactively stabilizing supply and supporting businesses amidst energy market fluctuations.
March 10, 2026 07:32

The situation in the Middle East is becoming increasingly complex, directly impacting international transportation, logistics costs, and delivery schedules. In light of this, the Government...
Rerouting oil shipments to avoid conflict zones in the Middle East.
March 7, 2026 10:15

Regarding the conflict situation in the Middle East, the Vietnam Maritime and Inland Waterways Administration (Ministry of Construction) has just released a report on the situation of ships and crew members operating in this region, and also...
Baltic sea freight rates fell to 2,233 points due to pressure from the Capesize vessel segment.
March 6, 2026 19:31

The BDI index fell 0.4% on March 5, 2026, as average earnings for Capesize vessels dropped $388, amid market caution ahead of China's parliamentary session.
Nghe An's import and export activities before the Middle East conflict.
March 6, 2026 17:55

Escalating tensions in the Middle East, with large-scale airstrikes between the US, Israel, and Iran, are creating a "shockwave" on global supply chains. In Nghe An,...
Baltic sea freight rates reached their highest level in over two months, with Capesize vessel prices rising 3.6%.
March 5, 2026 13:03

The Baltic Dry Index rose to 2,242 points on March 3, 2026, as freight rates across the sector increased, despite pressure from geopolitical tensions in the Strait of Hormuz.
The Hormuz choke point and the Gulf mega-airports are reeling in the vortex of Middle Eastern conflict.
March 3, 2026 07:52

The US-Iran conflict is dealing a severe blow to international trade networks. The closure of numerous airspaces and the blockade of the strategic Strait of Hormuz are not only causing disruption...
Nghe An: Highlights of December 27th
December 27, 2024 19:00

The Executive Committee of the Nghe An Provincial Party Committee held a conference to summarize the implementation of Resolution No. 18; Nghe An piloted a program to eliminate the acceptance of paper documents for 65 administrative procedures at the provincial level and in 11 districts and cities...

Shipping costs

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