Vietnam Seeking Private Investment in Ports
Vietnam's Ministry of Transport is seeking private sector investment for construction of seaports, Vietnam Briefing reported last week. The Vietnam Maritime Administration will announce a list of 42 maritime infrastructure projects, including 18 seaports, looking for private investment, said Do Duc Tien, Deputy Chief of the Vietnam Maritime Administration. The privatization of Vietnam's ports is part of an initiative launched in April 2014 to privatize an estimated 432 state-owned enterprises between 2014 and 2015.
Admiralty Provides New ENC Coverage of Vietnam
The United Kingdom Hydrographic Office (UKHO) has announced new ENC (Electronic Navigational Chart) coverage of a key shipping route in Vietnam, providing greater navigational detail of the region. The three new ENCs cover the ports and approaches to Vung Tau, which includes the main container port of Cai Mep, and are only available through the Admiralty Vector Chart Service. The new ENCs have been produced in response to increasing demand from shipping companies for fully compliant chart data for the region, which has seen significant economic development in the last decade. “Vietnam continues to outperform many economies around the world,” said Guy Edwards, Head of Admiralty Asia Pacific, Singapore.
MOL Offers Direct Service, Vietnam to USWC
Mitsui O.S.K. Lines, Ltd. (MOL) has announced plans to offer direct service from Vietnam to the US West Coast. The company’s Pacific Southwest Express (PSX) service will begin calling on Cai Mep in South Vietnam effective June 4, 2009. The MOL operated PSX service will call at Tan Cang Cai Mep Terminal, located approximately 50 km southeast of Ho Chi Minh City, in the province of Ba Ria Vung Tau. The PSX service will provide comprehensive coverage of the Pacific Southwest with calls at the ports of Los Angeles and Oakland.
