Vinalines, Belgian enterprise to build grain port in Hai Phong

Vinalines partners with Belgian enterprise to build grain port in Hai Phong

The Vietnam National Shipping Lines (Vinalines) has asked the Ministry of Transport to allow it to work with Rent A Port of the Belgian Ackermans & Van Haaren Group to invest in developing ports in Lach Huyen – Hai Phong international port.
Vinalines partners with Belgian enterprise to build grain port in Hai Phong ảnh 1Vinalines and Rent A Port will develop a grain specialised port, capable of receiving 100,000 DWT ships, and construct a 250 hectare logistics centre opposite the grain port to facilitate the handling, storage and distribution of grain for the northern region (Photo VNA)

Hanoi (VNA)
- The Vietnam NationalShipping Lines (Vinalines) has asked the Ministry of Transport to allow it to workwith Rent A Port of the Belgian Ackermans & Van Haaren Group to invest indeveloping ports in Lach Huyen – Hai Phong international port.

The two sides hope to develop a grain specialisedport, capable of receiving 100,000 DWT ships, and construct a 250 hectarelogistics centre opposite the grain port to facilitate the handling, storageand distribution of grain for the northern region.
Rent A Portplans to buy 10 percent of Vinalines’ charter capital when the company launchesan initial public offering (IPO) this month.

The Belgian company has already hired aconsultant company to evaluate the financial situation and equtisation progressof Vinalines and set up a group of international maritime experts to examinethe infrastructure and logistics system of Vietnam’s leading marine firm.
Rent A Portwas established in 1885 specialising in port management. In Vietnam, it has injected more than 200 million USDinto the Deep-C industrial complex, and pledged to add more 250 million USD to port and industrial park projects in Hai Phong and Quang Ninh province.

Under the IPO plan, Vinalines is allowed to holda maximum of 65 percent of registered capital at key ports, including HaiPhong, Sai Gon and Da Nang.
Vinalinescurrently manages a fleet of off-shore vessels with total capacity of nearlytwo million tonnes, occupying some 25 percent of the national fleet’s capacity.

From now to 2020, Vinalines will focus ondeveloping and exploiting sea ports, which play important roles in thenorthern, central and southern areas of the country and are the lifeline of thenational transportation network.-VNA



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