Connect with us

Hi, what are you looking for?

Capital Business
Capital Business

World

First cargo ship sails to Vietnam

VIETNAM, June 4 – The first cargo ship directly linking Vietnam to its biggest export market in the United States set sail Thursday, the shipping firm and a port worker said.

The worker at the new Saigon Port-PSA terminal in southern Vietnam said the APL Denver had left on its 15-day journey to the US west coast city of Seattle.

It is the "first ever direct service to the US" from Vietnam, company spokesman Paul Barrett told AFP, adding that US-bound cargo was previously routed through Singapore.

The service began days after the Saigon Port-PSA facility opened, becoming the first deepwater container terminal serving the southern commercial hub of Ho Chi Minh City, said APL, a unit of Singapore-based Neptune Orient Lines.

"With this port, the first direct shipping service from Vietnam to North America is possible," Vietnam\’s deputy transport minister, Tran Doan Tho, was quoted as saying in the state Vietnam News at the weekend.

Previously, Vietnam\’s exporters have had to rely on small feeder vessels to connect with larger ships for access to the worlds major consuming markets, APL said.

The shipping firm\’s president, Eng Aik Meng, has said the start of a direct US service is recognition that Vietnam "is delivering on its commitment to modernise transportation infrastructure such as state-of-the-art port facilities capable of handling large deepwater containerships."

Officials and industry figures attended a ceremony on Wednesday to launch the service, which will run weekly, from the new port on the Cai Mep River in Ba Ria-Vung Tau province.

Click to comment
Advertisement

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Headlines

NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Kenya

NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...

Coronavirus

NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...

Coronavirus

NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...

Headlines

NAIROBI, Kenya, Mar 16 – The World Bank has given the Kenyan government USD 60 Million (Sh6.1 billion) to help combat the deadly coronavirus pandemic...