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SHIPPING

Nearly two years after work was started, the construction of Van Phong international transshipment port

Tuesday, 12 April 2011 22:29

in the central Khanh Hoa Province has stalled due to slow construction progress. Vietnam’s first international transshipment port project, due to undergo four stages of construction, was mainly financed by Vietnam National Shipping Lines (Vinalines) in Van Ninh District.

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Seaport for rent

Thursday, 06 January 2011 16:34

Viet Nam will for the first time apply the model to manage a seaport infrastructure by leasing it to an operator through bidding, to the Cai Mep-Thi Vai International Port. The Viet Nam Maritime Department under the Ministry of Transport has appointed the Overseas Coastal Area Development Institute of Japan (OCDI) as provider of consulting service for assisting the ministry to select a tenant who will operate the facility.

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Stranded cargo ship threatens environment

Thursday, 06 January 2011 16:32

A ship has been stranded under rocks off the coast of Hon Tre Island in Southern Khanh Hoa Province, leaving about 1,250 tonnes of fertiliser at risk for getting wet, the Maritime Administration of Nha Trang Deputy Director Tran Duc Thi has said.

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An alliance of major shippers, The New World Alliance, will introduce a direct Vietnam-to-North Europe

Monday, 27 December 2010 10:28

service for the first time next month, the website channelnewsasia.com said. This will add to other direct Vietnam-to-North Europe services offered by its competitors. The alliance, which includes APL, Hyundai Merchant Marine, and Mitsui OSK Lines, says the first vessel in the service is expected to call at Cai Mep in South Vietnam in mid-January. The service will link Vietnam with the European ports

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Troubled state-owned shipbuilder Vinashin has asked creditors for more time, saying it is impossible

Friday, 17 December 2010 00:00

for it to settle the first US$60 million of its debt by December 20. The $60 million amount is part of the $600 million debt incurred through bonds not guaranteed by the government issued to international entities in 2007. The money is supposed to be paid in 10 installments, due at six-month intervals.

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