state shipping line suffers 33 mln h1 loss

State shipping line suffers $33 mln H1 loss

The Vietnam National Shipping Lines, or Vinalines, suffered a loss of VND660 billion ($33 million) in the first half, its CEO Nguyen Canh Viet said yesterday.
shipping giant vimc to hold first shareholders meeting in late june

Shipping giant VIMC to hold first shareholders’ meeting in late June 

Domestic shipping giant Vietnam Maritime Corporation (VIMC) is planning to organise its shareholders’ meeting on June 24, 2019, the first since it began operating as a joint stock company.
loss making shipping company turns down real estate investors

Loss-making shipping company turns down real estate investors

Despite continuous losses for many years, Northern Shipping Joint Stock Company (Nosco, ticker NOS on UPCoM) attracts many investors due to its abundant land reserves.
cai mep thi vai shipping route upgrade proposed

Cai Mep-Thi Vai shipping route upgrade proposed

The Vietnam Maritime Administration has proposed a project to upgrade the Cai Mep – Thi Vai shipping route at a cost of VND6.4 trillion (US$284.95 million).
13 children among afghan sikhs found in uk shipping container

13 children among Afghan Sikhs found in UK shipping container

The frail survivors found inside a shipping container at a British port at the weekend following a "horrific ordeal" are Sikhs from Afghanistan and include 13 children, police said on Sunday (Aug 17).
finance ministry to inspect foreign shipping firms adjust fee collection

Finance Ministry to inspect foreign shipping firms, adjust fee collection

The Finance Ministry will inspect 20 foreign shipping companies located in big ports, including HCM City, Hai Phong and Ha Noi this month, Deputy Minister of Finance Vu Thi Mai said.
lawyers demand vietnam shipping firm graft re probed as affidavit surfaces

Lawyers demand Vietnam shipping firm graft re-probed as affidavit surfaces

At the ongoing appeal trial in Hanoi for a corruption case at Vinalines, the prosecutor’s office asked the court to uphold the capital sentence for Duong Chi Dung, ex-chairman of the state-owned corporation while lawyers requested that the court cancel the first instance hearing’s results for a re-investigation.
vietnam shipping lines hit by costly dispute with skorean contractor

Vietnam shipping lines hit by costly dispute with S.Korean contractor

The Vietnam National Shipping Lines, commonly known as Vinalines, has suffered monetary damage worth hundreds of thousands of US dollar after a vessel in its fleet was held by a South Korean company over a payment dispute in a sluggish transshipment port project.
world shipping giants converge in singapore at asia pacific maritime 2012

World shipping giants converge in Singapore at Asia Pacific Maritime 2012

Asia’s maritime community will converge in Singapore on March 14 to 16 for the Asia Pacific Maritime (APM) 2012.
death sentenced ex chairman of vietnam shipping firm pleads not guilty to graft charge

Death-sentenced ex-chairman of Vietnam shipping firm pleads not guilty to graft charge

Vinalines ex-chairman Duong Chi Dung, who was sentenced to death last year for his offenses in a corruption case in 2008, pleaded not guilty to embezzlement and asked for a commutation for another charge at his appeal trial opened in Hanoi on Tuesday morning.
protect sea environment to protect sea tourism

Protect sea environment to protect sea tourism

Việt Nam’s sea tourism industry has immense potential for development, yet the sector faces a number of challenges due to increasing environmental pollution.
cainiao pat logistics park welcomes vsico shipping as anchor tenant

Cainiao P.A.T. Logistics Park welcomes Vsico Shipping as anchor tenant

On February 15, Cainiao P.A.T. Logistics Park, operated by Cainiao Network – the logistics arm of Chinese e-commerce giant Alibaba Group – welcomed its newest anchor tenant, Vsico Shipping JSC.
vietnam shipping firm buys dock at 9mn original price 23mn russias documents

Vietnam shipping firm buys dock at $9mn, original price $2.3mn: Russia’s documents

A Hanoi appeal court trying a corruption case involving death-sentenced Duong Chi Dung, ex-chairman of the state-owned Vietnam National Shipping Lines (Vinalines), released on Monday documents provided by Russia showing that Vinalines bought an old floating dock at a cost nearly four times its original price of over US$2 million. 
maersk line retains status as globes most reliable container shipping line

Maersk Line retains status as globe’s most reliable container shipping line

Maersk Line reported third quarter profits of nearly half a billion dollars and also retained its place as the most reliable container shipping line since second quarter, 2011.