MOL Starts Vietnam Tugboat Business

Friday, November 19, 2010

Mitsui O.S.K. Lines, Ltd. announced that the company has established a joint venture with two local companies in Vietnam and started a tugboat business. The joint company will allocate high-powered, high-performance tugboats in Vietnam's Cai Mep/Thi Vai area, where deepwater container terminals are now under developing. It will offer safe, high-quality support services for vessels calling at ports in the region, helping meet the needs of Vietnam's shipping industry and international shipping lines.


Joint company outline:
(1) Company name    Tan Cang-Cai Mep Towage Services Co., Ltd. (TCTS)
(2) Established    August 2010
(3) Headquarters    Ba Ria-Vung Tau Province, Vietnam
(4) Business    Harbor towage and escorting services
(5) Investors    Mitsui O.S.K. Lines, Ltd.
Saigon Newport Corporation (Vietnam) *2
Haivan Shipping-Services Corporation (Vietnam) *3
(6) Paid-in capital    US$4.5 million
(7) Initially allocated tugboats    Two 4,000 HP (one exported from Japan)

 

Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Workboats

Zamakona to Deliver Tuna Freezer Vessel

Zamakona Yards to deliver tuna freezer vessel Jai Alai to the Echebastar Group   This Saturday, March 7, Zamakona Shipyards in Santurce will deliver its construction number 737,

New Floating Installation Concept for Offshore Wind

Conquest Offshore, together with deugro Denmark A/S, has developed an installation system for monopiles and transition pieces, supported by Temporary Works Design (TWD) and Barge Master.

Alphatron Marine VSAT Systems for 11 Workboats

Alphatron Marine has signed a lease contract with Seacontractors for no less than 11 vessels to provide satellite hardware and data solution packages.   Alphatron

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Pod Propulsion Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0749 sec (13 req/sec)