The Vietnam National Shipping Lines (Vinalines) has signed a strategic co-operation agreement with Vietnam National Coal – Mineral Industries Holding Corporation (Vinacomin), under which Vinalines will provide services of container shipping, barges and bulk carriers for Vinacomin to transport goods to local and international destinations, Vietnamese local media reports.
Nguyen Canh Tinh, acting general director of Vinalines, said the agreement would start a new chapter for co-operation between the two companies and it is expected to help Vinalines gradually increase its market share in domestic and international maritime transport.
According to Dang Thanh Hai, general director of Vinacomin, the group needs to transport about 35m tons of cargo via water each year and the figure is expected to increase to 40m tons by 2020.
