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News & Publications: Shipping
Vietnam line to offload stake in port services firm
Vietnam National Shipping Lines (Vinalines) plans to sell its 21.8 percent stake in Vietnam Container Shipping JSC, a provider of marine port services within the next three months, according to Vietnam News Brief Service.

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Vietnam's cargo shipping paradox
As the exporter of some essential products and a big importer of many materials and equipment, maritime transport is crucial to Vietnam's economy but 80 percent of its import-export goods are shipped by foreign vessels.

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Canal project will open lower Mekong to mid-sized ships
Sandbars at the lower mouth of the Mekong river prevent ships over 5000 tons from reaching Can Tho and other Delta ports. That will change by 2013, when a $300 million project to widen and deepen 40 kilometers of canals is completed, permitting 20,000 ton vessels to ascend the river.

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Shipping taxes to be waived
All export-import express packages will be tax exempt from October 1. All exemptions are included in Government Decree 87/2010/ND-CP which regulates the prices at which the tax will apply, the exchange rate to calculate tax, tax payment schedules and tax exemptions and refunds.

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Shipping analyst raises growth forecast to 6%(
Based on its analysis of the shipping industry, Business Monitor International has boosted its economic growth forecast for Viet Nam this year from 4.4 per cent to 6 per cent and is predicting an annual average growth of 6.2 per cent over the next five years.

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New container line enters transpacific
Hainan P.O. Shipping Co. is planning a mid-August launch of a transpacific container liner service.

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VN shipping lines make world top 100
AXS-Alphaliner, an information platform that calls itself a "worldwide reference in liner shipping", has ranked two Vietnamese shipping companies in the list of 100 leading container shipping lines in the world.

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32 megaships set for delivery
The second half of this year is expected to see an alarming containership delivery programme unfold, with over 30 vessels in the so-called megaship capacity bracket emerging from shipbuilding yards.

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Foreign ship rescues six Vietnamese crewmen
The Marhall Islands ' Hubsterllar ship has rescued six crewmen abroad a fishing boat which met with an accident off the coast of Da Nang city on July 3.

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Active Box Ship Capacity Jumps 15.3 Percent
Active container ship capacity increased by 15.3 percent from the beginning of the year as ocean carriers are launching extra services in response to a larger-than-expected surge in global box traffic.

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