Korean Feeder Ship Collides with Bulk Carrier in Vietnam Disrupting Shipping

Korean Feeder Ship Collides with Bulk Carrier in Vietnam Disrupting Shipping

A feeder vessel, KMTC Surabaya, operated by Korea Marine Transport Co. (KMTC), collided with the bulk carrier Glengyle in Vietnam. Both vessels sustained damage, but no casualties were reported. The accident may lead to route delays and potential environmental pollution. Businesses should closely monitor the situation, adjust logistics plans, strengthen risk management protocols, and cooperate with the accident investigation. The incident highlights the vulnerability of supply chains to maritime accidents and the importance of preparedness.

11/03/2025 Logistics
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Nanjing Builds Yangtze River Shipping Logistics Center to Enhance Port Navigation Capacity

Nanjing Builds Yangtze River Shipping Logistics Center to Enhance Port Navigation Capacity

Nanjing city has partnered with Jiangsu Province to establish the Nanjing Yangtze River Shipping Logistics Center, aimed at enhancing the shipping and logistics capabilities in the region. The initial registered capital for this project is 1 billion yuan, and it will integrate Yangtze River shipping resources to develop comprehensive logistics services. Currently, Nanjing's 12.5-meter deep-water channel is operational and will soon accommodate vessels of 50,000 tons and above, fostering local economic growth.

07/21/2025 Logistics
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Hapaglloyd Bookings Rise As Trade Tensions Ease

Hapaglloyd Bookings Rise As Trade Tensions Ease

Hapag-Lloyd has seen a 50% surge in container bookings on China-to-US routes due to easing China-US trade relations. The company is actively adjusting capacity to meet the increased demand, with the Gemini network performing strongly. Despite facing operational challenges and uncertainties, Hapag-Lloyd reported robust first-quarter results. Data analysis indicates that policy changes, flexible capacity, collaboration, risk management, and continuous innovation are crucial for the success of shipping companies. The company's agility in responding to market shifts is a key factor in its positive performance.

11/03/2025 Logistics
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Driving Forces and Transformation in the New Normal of the Shipping Industry

Driving Forces and Transformation in the New Normal of the Shipping Industry

In the context of the new economic normal, the shipping industry faces uncertainties in recovery. This paper explores the impact of the Belt and Road Initiative on the shipping market, emphasizing that shipping companies must shift their growth models to focus on endogenous drivers. Companies should enhance their management capabilities and resource allocation abilities to adapt to the complex global economic situation. Additionally, the emergence of new forces, such as the internet, offers new opportunities for business development.

07/21/2025 Logistics Industry Insights
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Tagbilaran Port Central Visayas Key Maritime Hub

Tagbilaran Port Central Visayas Key Maritime Hub

This article provides an in-depth overview of Tagbilaran Port in the Philippines, detailing its geographical location, shipping routes, and its significance within the Philippine maritime network. It further introduces other major ports in the Philippines. The analysis extends to the challenges and opportunities facing the Philippine shipping industry. Finally, the article explores the future development prospects of both Tagbilaran Port and the Philippine shipping sector as a whole, offering insights into potential growth and evolution.

09/29/2025 Port Encyclopedia
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Guide to International Ocean Freight Terminology Unveiled

Guide to International Ocean Freight Terminology Unveiled

This article provides an in-depth analysis of the freight forwarder's role in international shipping, covering shipping operation processes, vessel operation processes, and key terminology such as S/O and Bill of Lading. It aims to help foreign trade professionals better understand the shipping process, improve communication efficiency, and ensure the safe and efficient transportation of goods, ultimately facilitating smooth foreign trade operations. The article focuses on providing practical knowledge to navigate the complexities of international sea freight.

11/03/2025 Logistics Encyclopedia
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