• 2018 June 25 18:06

    Prime Minister approves the equitization plan of Vinalines

    On June 20th 2018, at the Decision No. 751 / QD-TTg, the Prime Minister approved the equitization plan of the parent company – Vietnam National Shipping Lines.
     
    According to this decision, the form of equitization of the parent company – Vietnam National Shipping Lines is to sell a part of the existing state capital as well as to issue more shares to raise its charter capital. After equitization, the parent company will have a chartered capital of VND14,046,058 billion, including a state capital of VND11,946,058 billion. The State will hold 65% of charter capital; 14.8% of charter capital will be sold to strategic investors; 2% of charter capital will be sold at preferential price for VNL employees and trade union.

    Also in this Decision, The Prime Minister has authorized the Ministry of Transport to direct Vinalines to implement the plan of selling shares to the public, to choose strategic investors and handle all problems of employees and related content. The lauching of IPO will be in September 2018 as planned.

    According to new management model, the international transaction name of Vinalines will be changed to VIETNAM MARITIME CORPORATION (VIMC). Vinalines up to 2020 still holds the target is the industry leader of Vietnam in the fields of shipping, port operation and maritime services. By 2030, Vinalines expects to become a brand-name enterprise in the region with high competitiveness, expanding of shipping business in the direction of restructuring container fleet and dry cargo fleet, occuping the import market, domestic market and joining in intra-Asia market. In addition, the resources will be concentrated on investing in deep-sea ports that having a key location such as Tan Vu and Lach Huyen in the North, raising the capacity of Tien Sa ports in the Central, Hiep Phuoc, Cai Mep – Thi Vai deep-sea port complex in the South etc. Continue to focus on providing full – package solutions based on three core operating segments.

    In the last two years, the business of Vinalines has prospered. In 2017, the total of tonnage of shipping market reached nearly 25 million tons, increase 7% compared to the plan. The capacity throughput reached nearly 90 million tons, increase 13% compared to the plan. Total revenue reached nearly VND 16,000 billion, increase 15% compared with the plan. Consolidated profit of the parent company reached VND 515 billion in the last several years.




2019 May 19

16:51 Hamburg Süd strengthens its product portfolio on the Europe–Central America, Caribbean and South America West Coast trade
15:47 CMA CGM to implement FAK rates for Asia to the Middle East Gulf, Asia to Pakistan / India / Sri Lanka trades
14:12 NYK develops Japan’s first additive for fuel oil compliant with 2020 SOx regulation
13:32 Hapag-Lloyd to restructure its Service Portfolio to/from Caribbean, Central America and SAWC
12:14 CMA CGM announces new FAK rates on Asia - North Europe service
11:06 USCG rescues 3 from sinking sailboat off Hatteras Inlet
10:16 PSA’s BMCT and CITPL hold Hyderabad trade meet

2019 May 18

15:12 CMA CGM launches the Reefer Pharma division for the temperature-controlled transportation of pharmaceutical products
14:51 DNO completes USD 400M bond placement
13:02 AAL delivers from China four RTGs to Port of Felixstowe
12:31 USCG deploys containment, collection system at Mississippi Canyon 20 site
11:07 Kotug Smit performs naming ceremony for tug ‘Buffalo’

2019 May 17

18:22 Maersk launches new CLX service, optimized West Coast Latin America - NE network
17:49 Madrid, Spain to host the International Cruise Summit on 27-28 November 2019
17:14 Krasnoye Sormovo delivers Idel-1, sixth ship of Project RSD59 series ordered by STLC
16:40 MPC Capital AG announces key figures for the 1st quarter 2019
16:16 Vyborg Shipyard launches second serial trawler of Project KMT01 built for Arkhangelsk Trawl Fleet
15:58 Leningrad Region presented layout of multimodal transport and logistics center at Bronka port
15:27 Nord Stream 2 AG submitted third permit application and EIA to DEA
15:04 Klaveness Combination Carriers ASA declares two options for the construction of the seventh and eight CLEANBU combination carrier with Jiangsu New Yangzi Shipbuilding
14:49 Marine Rescue Service takes delivery of Bakhtemir, lead ship in a series of four multifunctional salvage tugs of Project MPSV12
14:20 Net profit of Port Vanino for 1Q’19 calculated under RAS grew by 39.8% to RUB 562.34 million
14:03 Damen and De Beers Marine Namibia formalise new relationship, with Mangalia yard centre stage
13:58 IMO held national maritime transport policy training for Saint Kitts and Nevis
13:35 BC Ferries to implement fuel surcharge of 1.5 per cent on June 1 2019
13:21 Bunker prices started going up at the port of Saint-Petersburg, Russia (graph)
13:09 Grimaldi Group's ro/ro vessel Grande Europa was hit by a fire
12:52 PGNiG Group posts over one billion in net profit for the first quarter of 2019
12:30 Maersk Product Tankers completes sale and leaseback agreement
12:09 DEME Offshore awarded major Hornsea Two contract for foundation and turbine installation
11:43 Taganrog Sea Commercial Port handled 323,000 tonnes 1Q’2019
11:30 LR to support the Italian Shipping Community through RO status
11:09 CMA CGM announces General Rate Restoration from Asia to West Africa
10:48 Northern Fleet ASW Severomorsk completed training in Norwegian sea
10:30 MODEC commissioned MAN Energy Solutions to supply a total of six compressor trains for a new FPSO vessel in the Gulf of Mexico
10:09 Secretary General of IMO to outline future of ocean regulations at Nor-Shipping 2019
09:51 Port of Tallinn Group’s revenue in 1Q’19 amounted to EUR 28.5 million, profit to 11.0 million
09:32 Brent Crude futures price is up 0.33% to $72.86, Light Sweet Crude – up 0.45% to $63.15
09:30 ECSA marks the European Maritime Day 2019
09:16 Baltic Dry Index is flat at 1,032 points
08:25 MABUX: Bunker market this morning, May 17

2019 May 16

18:05 RAS net profit of Russian Railways for 1Q’19 up 1.9 times YoY to RUB 17.7 billion
17:50 BPO shares Baltic experience and discusses market trends at Global Liner Shipping
17:27 BIMCO to publish industry’s first offshore decommissioning contract
16:38 LUKOIL drills record breaking wells at D41 in the Baltic Sea
16:16 USCG, FEMA, Cal OES meet to discuss emergency response in San Francisco
15:34 Throughput of Tuapse Sea Commercial Port in 1Q’2019 grew by 8% YoY to 4.2 million tonnes
15:11 Container Terminal Saint-Petersburg handled 202,300 TEUs in 1Q’2019, up 20% YoY
14:49 IAPH World Ports Conference concludes successfully in Guangzhou
14:17 The AEC welcomes new chair, signs MoU with Arctic Council
13:53 Vladivostok Sea Fishing Port handled 93,800 tonnes of cargo in Jan-Apr’19, up 9.6% Y-o-Y
13:30 Rosmorrechflot: Ambal ferry to enter the Baltijsk-Ust-Luga line till the end of the week
13:05 Shipyard De Hoop delivers cruise vessel ‘Celebrity Flora’ to Celebrity Cruises
12:44 Finland to deposit its instrument of accession to HNS Convention after major countries receiving hazardous substances accept it
12:22 Maiden call of Celebrity Edge at the Port of Southampton marked with traditional plaque & key ceremony
12:00 Şadan Kaptanoğlu elected BIMCO President
11:36 Bunker prices show no considerable changes at the Far East ports of Russia (graph)
11:13 Maunu Visuri appointed as President and CEO of Arctia Ltd
11:01 Long Beach Harbor Commission appoints Director of Finance
10:51 Kitack Lim to outline future of ocean regulations at Nor-Shipping 2019