Terminals, ports, logistics, liner operations disrupted
German containerline Hapag Lloyd has announced a decision to temporarily suspend cargo bookings into Myanmar due to the political turmoil announced global maritime, shipping and offshore news specialized website Splash247. “Operationally, the termiTurmoil puts Indian conglomerate Adani Group’s port project in question
The Adani Group, an Indian multinational conglomerate company headquartered in Ahmedabad, Gujarat State, is currently building a container terminal along Yangon river. But the political turmoil has put the company between a rock and a hard place, repContainer shortage pushes freight rates to almost triple in Myanmar
In a combination of globalization and pandemic effect, the price of containers to be shipped out of Myanmar has almost tripled in the past 6 months. This is a global phenomenom including other parts in Asia: the Shanghai Containerized Freight Index a
Vietnam trade office warns exporters to Myanmar
Potential exporters should beware of Myanmar, the Vietnam Trade Office in Myanmar has warned. In a recent statement, it urged those enticed by Myanmar’s demand for imported goods to be careful of what it characterized as inefficient, unreliable
