Tags: shipping firms

Scrap imports choke Ho Chi Minh City ports

Scrap imports choke Ho Chi Minh City ports

An increasingly larger quantity of imported scrap has overloaded several seaports in Ho Chi Minh City, which has become an ‘alternative destination’ for the waste dumping after China ceased buying it earlier this year.

Is Hanjin to be followed by Vietnamese shipping firms?

Is Hanjin to be followed by Vietnamese shipping firms?

Experts have warned that some Vietnamese shipping firms, incurring big debts, will soon follow Hanjin and file for bankruptcy. At least two – Vinashinlines and Falcon – have been following procedures to declare bankruptcy.