[EN-SEA] Growth Spurt for "Vinalines" Fleet

Ho Chi Minh city: Nguyen Hung Viet, deputy general director of Viet Nam National Shipping Lines Corporation (Vinalines)said the company aimed to raise its capacity by a further 350,000 tonnes this year to over 3m tonnes by building and buying more vessels , writes VietnamNewsAgency .

This follows on last year’s investment of $180m to buy 13 new seagoing cargo ships and one container ship. These raised the company's total loading capacity by 320,000 tonnes to 2.7m tonnes, accounting for 45% of the capacity of the entire nation's fleet.

The company said, it would carry out the construction of Da Nang's Son Tra Port, Ba Ria-Vung Tau's Cai Mep-Thi Vai Port, HCM City's Sai Gon-Hiep Phuoc Port and Hai Phong's Dinh Vu Port this year.

Source : STA-Online, 05.02.10.