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
21/07/2023 1312 Views
ZIM Line and THE Alliance have withdrawn one Asia-US West Coast service each, helping to stabilise Transpacific rates when the Shanghai Containerised Freight Index (SCFI) closed on 7 July.
04/09/2023 1298 Views
Long-haul freight rates have given way to the lack of capacity discipline, as the Shanghai Containerized Freight Index (SCFI) lost ground after three weeks of gains.
25/01/2021 2137 Views
RightShip and Intercargo have launched a new safety and quality management standard for the dry bulk sector called DryBMS, to be governed by a new NGO of the same name to be established later this year.
main.comment_read_more