shipping

NYK Line sets foot in tugboat service at Vietnam's largest ports

July 18, 2020 | 21:39

NYK Line, through subsidiary NYK Line (Vietnam) Co., Ltd., acquired 15 per cent of TVT, entering the tugboat service business in Vietnam.

Shipping sector prioritises five solutions for decarbonisation

July 10, 2020 | 21:00

Shell and Deloitte Netherlands and Deloitte UK today published a joint research outlining industry perspectives on decarbonising the shipping sector.

Vinalines reports the losses of $21.7 million in second quarter

August 13, 2019 | 12:34

Vinalines reported VND8.1 trillion ($352.17 million) in total outstanding loans, including more than VND5.36 trillion ($233.04 million) in bank loans.

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

June 11, 2019 | 08:28

Vietnam Maritime Corporation (VIMC) is planning to organise its shareholders’ meeting on June 24, the first since it began operating as a joint stock company.

Giaohangtietkiem admits to allow shippers throw around goods

March 25, 2019 | 17:58

Giaohangtietkiem (GHTK) officially admitted its fault in letting its shippers throw customers’ goods when classifying items during the Lunar New Year 2019 rush.

Shipping giant VIMC aims to double profit this year

January 21, 2019 | 08:55

After reporting better performance in 2018, Vietnamese shipping giant Vietnam Maritime Corporation (VIMC) has set higher targets for this year.

Vinalines to cut interest in loss-making Vitranschart to 36 per cent

November 14, 2018 | 17:41

Vinalines has announced that it will cut the state holding in Vitranschart from 58.03 to 36 per cent to reduce losses.

Vinalines to conduct IPO on September 5

August 07, 2018 | 10:45

Vinalines will offer 500 million shares at its IPO at the starting price of VND10,000 on September 5, 2018.

Da Nang launches port upgrade

July 29, 2018 | 10:55

The central city has officially put into operation the second stage of Tien Sa Port after two years of construction, bringing its total capacity to 12 million tonnes of cargo per year.

Vinalines unable to rid itself of old vessels

May 11, 2018 | 17:10

Despite the initial selling far below the original price, Vinalines is still hard-pressed to sell off its ineffective six-vessel fleet.

Local shipping firms struggle for a bigger share

January 08, 2013 | 16:22

Maritime rulers’ supports appear to do little in helping Vietnamese shipping companies stay afloat in the fierce competition with foreign firms.

Local shippers are all at sea

November 17, 2012 | 09:59

The jury is out on whether Vietnam’s domestic shipping fleet is in a position to effectively tap local routes and take market share from foreign players.

Shippers facing turbulent seas

September 24, 2012 | 14:47

While Vietnamese shipping firms struggle in rough business seas, strong headwinds also face foreign firms which are said to dominate the Vietnamese shipping market.