Asia

Vinalines to offload 13 ships this year

Photo of Sam Chambers Sam ChambersFebruary 15, 2016
2 Less than a minute

State-run Vietnam National Shipping Lines (Vinalines) has earmarked 13 ships, totalling 400,000 dwt, for disposal this year.

The company said its outlay for 2016 would be more land-based, with developments at its ports surpassing capex on ships.

The Vinalines fleet has slimmed down dramatically in recent years on the back of huge losses as well as a corruption scandal.

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Photo of Sam Chambers Sam ChambersFebruary 15, 2016
2 Less than a minute
Photo of Sam Chambers

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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