Tag: Vietnam

Filter By:


Vietnam adopts an Intelligent maritime transport system

The system is expected to be operational soon The system is expected to be operational soon, Phan Ngoc Quang from the Vietnam Maritime Administration's Vishipel company said at a symposium as part of the frameworkof the International Conference on Advanced Technologies for Communications, in Da Nang city, from August 2-4.It is necessary to invest in building a modern management system to manage vessel flows in and out of seaports, he stressed, adding that development of seaports is the top priority in the country's economic development policy. Vietnam now has 49 small and large ports with about 266 wharfs across the country.Through its automatic identification system (AIS), the VTS can monitor the movement of water transport vehicles and support maritime management and operation, minimising accidents, limiting shipping flow blockages and protecting the environment, Quang said.The VTS will also be used to enhance security in waterways and adjacent seaport areas, and aid search and rescue, especially supervision of maritime activity management, as well as ship positions, direction and speed.Also at the symposium, a project on manufacturing the super small satellite F1, which is expected to be launched later this year, was introduced. The satellite will meet demand in geological remote sensing and ...

Read more

Japan is looking to get involved in Vietrnamese ports and shipping sector

Increasing international interest in Vietnam's port sector The Japanese government, investors, contractors, and shipping lines are all looking to get involved in the Vietnamese ports and shipping sector, said the London-based Business Monitor International's (BMI) Vietnam freight transport report for 2011's third quarter, according to Vietnam News Briefs Service.Japanese interest in Vietnam's ports and shipping industry was surging, BMI noted, cited Kobe Steel as saying it will build its own US$244 million to $365 million port in Vietnam to secure iron nugget supplies.Mitsui OSK Lines (MOL) will deploy Europe-bound container vessels for the first time that will have a handling capacity of 6,500 TEUs. MOL will operate 10 such vessels through Vietnam on a weekly basis.Besides, Nippon Yusen Kabushiki Kaisha (NYK) was to launch freight services between Southeast Asian countries in association with state-run Vietnam National Shipping Lines (Vinalines).Kawasaki Kisen Kaisha ("K'' Line) along with a Vietnamese logistics firm will establish a joint venture in Hanoi to operate an international freight forwarding business by sea and air. The venture was also considering establishing a branch in Ho Chi Minh City.Meanwhile, Japan International Cooperation Agency was funding the bulk of the US$1.7 billion to Lach Huyen's new port project in the ...

Read more

Vietnamese Government to reduce dependence on foreign shipping

Policies to develop a domestic shipping fleet of container and large-tonnage ships Deputy Prime Minister Hoang Trung Hai has ordered government agencies to take measures to help local importers and exporters reduce dependence on foreign shipping lines.He said the Government will adopt policies to develop a domestic shipping fleet of container and large-tonnage ships for international routes.Relevant agencies were asked to upgrade infrastructure of marine ports and inland roads linking ports, to prevent foreign shipping firms from taking advantage of poor infrastructure to collect damage fees.The Vietnam National Shipping Lines was asked to cooperate with relevant agencies to draw up plans for developing a container fleet and training personnel.The Vietnam Chamber of Commerce and Industry was asked to negotiate shipping rates with shipping companies for transparent and reasonable charges and surcharges, so as to increase competitiveness in commodities exported from and imported to Vietnam.The Finance Ministry was asked to develop policies to adjust and supplement regulations relating to pricing and charges and if necessary, to issue further regulations on management of shipping charges and surcharges. The Ministry of Industry and Trade was ordered to consider and assess competitive issues relating to foreign shipping companies' imposing surcharges on imported goods.Earlier, Thanh ...

Read more

Construction of a controversial transhipment port in Vietnam has been halted

$3.6bn transhipment port project Construction of a controversial transhipment port in Van Phong, Vietnam has been halted for at least a year."Construction will resume pending a decision by the Prime Minister", said Nguyen Ngoc Quy, director of the Vietnam National Shipping Lines (Vinalines) Management Board of Marine Projects No 1, in charge of managing the project, was quoted as saying Vietnam News Agency.The $3.6bn transhipment port project in the centre of Vietnams coastline had drawn criticism from the industry, which felt investment would be better made in areas with a significant baseload of cargo.The first phase of the port designed to handle ships of up to 9,000 teu in capacity was reported to be five months from completion. "It has been extremely difficult to mobilise capital for a huge project such as the Van Phong Port, current interest rates being so high," Quy said.Source: Seatrade Asia

Read more
Page 8 of 9 1 7 8 9