ZIM MAKES INROADS IN VIETNAM

Israeli carrier ZIM Integrated Shipping Services Ltd. and Haiphong-based Hai An Transport and Stevedoring Joint-stock Company (HATS), announced today the launch of Lotus Link, a joint venture to operate domestic shipping services in Vietnam.

 

The joint venture will serve the major ports in Vietnam, Ho Chi Minh, Danang and Haiphong as well as satellite provinces and its hinterlands.

HATS, headquartered in Haiphong with offices across Vietnam, is listed on the Ho Chi Minh Stock Exchange. HATS has been actively involved in domestic shipping in Vietnam for over 10 years and is today one of the largest liners in Vietnam. In addition, HATS is engaged in a wide range of marine and logistics related activities including terminal operations, offshore services, shipping agency container depot operations and warehousing.

Lotus Link plans to launch its first service in March, deploying Vietnamese flagged vessels to serve both local and international trades. The joint venture plans to expand its presence in Ho Chi Minh City and Danang later this year.

Source: Splash247.com

Writer: Sam Chambers


Related News

NINGBO-ZHOUSHAN TERMINAL CLOSED FOR SIXTH CONSECUTIVE DAY
NINGBO-ZHOUSHAN TERMINAL CLOSED FOR SIXTH CONSECUTIVE DAY

2261 Views

The Meishan terminal at Ningbo-Zhoushan port remained closed for a sixth straight day on Monday, with ship queues outside the port at record levels.

DEMAND, CONTAINER SHORTAGES DRIVE ZIM CONTRACT RATES UP 50%
DEMAND, CONTAINER SHORTAGES DRIVE ZIM CONTRACT RATES UP 50%

1886 Views

Zim is just the latest carrier to note shippers are seeking new, long-term commitments after a volatile year, during which having a contract was no guarantee for capacity. This resulted in companies, shippers and carriers looking into contracting tools, such as two-way commitments and index-linked rates.


Comment
  • Your review
main.add_cart_success