Japanese offshore contractor Eneos Drilling has secured employment for one of its jackup rigs in Vietnam. The Tokyo-based subsidiary of Eneos Xplora has fixed the 2018-built Hakuryu-14 to Japan Vietnam Petroleum Company for work on two wells in Block 15-2 offshore Vung Tau. The contract is set to...
https://splash247.com/eneos-drilling-seals-jackup-deal-in-vietnam/
New tariffs announced by the Trump administration are expected to severely affect emerging economies such as Vietnam and Cambodia, two nations playing a pivotal role in the overall economy diversification in Southeastern Asia.
In 2024, Cambodia’s shipping industry continued to leverage its strategic location along the Mekong River and its access to the Gulf of Thailand.
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https://container-news.com/vietnam-and-cambodia-in-turbulent-situation-after-trumps-tariffs/
Vietnam is charting a resilient path through the turbulent waters of global trade with a set target of US$454 billion in exports for this year—a commendable 12% increase from the previous year.
The year 2025 began on a strong note for Vietnam, with a trade surplus of US$1.47 billion in the first two months and a total import-export turnover of $127 billion—a 12% increase year-over-year. The domestic economic sector notably grew by 32.8%, while the foreign-invested sector saw a 23.2% increase.
Ho Chi Minh City, 18 March 2025. Vietnam’s automotive market has evolved significantly over recent years, fuelled by a growing economy, awareness of environmental issues and changing consumer preferences within the country. With these developments attracting global attention, Automechanika Ho Chi Minh City is an important event for industry players looking to capitalise on an attractive investment environment and Vietnam’s status as an emerging economic power. Set to take place at Saigon...
Indonesia has recently been involved in a series of developments that underscore its urgency to secure a strong position in maritime trade amid significant geopolitical shifts.
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https://container-news.com/indonesia-moves-to-strengthen-maritime-presence-amid-trade-challenges/
Since December 2024, with the realization that US President Donald Trump is likely to pursue an aggressive trade war strategy in his second term, China has been intensifying its economic and strategic activities in Southeast Asia.
Trump’s trade war rhetoric, including threats of 60% tariffs on Chinese goods, has prompted Beijing to accelerate its “Maritime Silk Road” initiative under the Belt and Road Initiative (BRI).
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https://container-news.com/china-plans-for-southeast-asia-amid-us-tensions/
VIETNAM (March 4, 2025) — According to The Maritime Executive, CMA CGM plans to operate and develop a 100% electric barge for Nike goods in Vietnam. The group said that the barge is part of its long-term commitment and decarbonization plans. However, CMA also told Loadstar this week that it ordered 12 new liquefied natural gas (LNG) vessels last year.
Ship It Zero strongly opposes LNG, a fossil fuel that is primarily methane, a greenhouse gas that is more than 80 times more potent than carbon...
https://allaboutshipping.co.uk/2025/03/05/cma-cgm-group-orders-electric-barge-for-nike-goods/
Un nuevo informe del Instituto Global McKinsey revela que las tensiones geopolíticas están reestructurando los patrones comerciales globales, con Estados Unidos y China en el centro de la realineación. El análisis, que examina los datos comerciales hasta 2024, muestra que las economías se operan...
A new report from the McKinsey Global Institute reveals that geopolitical tensions are reshaping global trade patterns, with the United States and China at the center of the realignment. The analysis, which examines trade data through 2024, shows that economies are increasingly trading more with geopolitically aligned partners and less with rivals.
The report cites ongoing U.S.-China trade tensions and Russia’s invasion of Ukraine as key drivers of the trend. “The most significant ongoing shift...
Hanoi-based owner Viet My Petrol Transportation has exited the VLCC trades three years after entering the segment. In recent years, Viet My Petrol Transportation, also known as Vietmy Trans, snapped up two VLCCs built in 2005 and owned by two Greek owners, Eastmed and Thenamaris. In 2023, two...
https://splash247.com/viet-my-petrol-transportation-quits-vlcc-trades/