Hanjin shipping (vietnam) co

Garment & textile products for exports at Norfolk Joint Stoông chồng Company in Đồng Văn 1 Industrial Zone in the northern Hà Nam Province. Bankruptcy of the Hanjin shipping line would possibly affect local businesses’ export và import shipping activities, said the Ministry of Industry và Trade. -- VNA/VNS Pholớn Vũ Sinh

Viet Nam News

HÀ NỘI — The Vietnamese Representative sầu Office of Hanjin Shipping Global, South Korea’s giant container shipping company, announced that it would not accept any new booking of freight orders from August 31.

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According to the Ministry of Industry & Trade, bankruptcy of the Hanjin shipping line would possibly affect local businesses’ export & import shipping và receiving activities.

The ministry recommended businesses lớn quickly complete procedures khổng lồ receive sầu imported goods at the ports và take them out of the Hanjin containers. With regard to lớn export goods which were already inside the firm’s containers, the ministry asked businesses to get baông chồng the goods as soon as possible and tương tác their foreign partners to find ways lớn change khổng lồ other shipping firms & to lớn organise the goods booking schedule.

Those batches of goods that had already been shipped, the businesses were told to keep in touch with the Hanjin representative sầu office in Viet Nam to lớn keep trachồng of the itinerary and co-ordinate with their foreign partners to ensure the goods were received at the ports on time.

The ministry, in co-ordination with the Ministry of Transport, said it would direct the ports lớn support businesses khổng lồ ship và receive sầu goods to lớn avoid affecting the businesses’ schedule & traffic congestion at the sea ports.

According khổng lồ the Associated Press (AP), Hanjin, the world’s seventh-largest container shipping company, filed for bankruptcy protection on August 31 and stopped accepting new cargo. With its assets being frozen, ships from Trung Quốc khổng lồ Canada were refused to lớn offload or take aboard containers because there were no guarantees that tugboat pilots or stevedores would be paid. This also led to a rise in shipping rates & could also hurt some trucking firms with contracts to piông chồng up goods from Hanjin ships.

The South Korean giant represents nearly 8 per cent of the Trans-Pacific trade volume for the US market. While some retailers may already be hit with their merchandise for the holiday season getting delayed, experts say it is important for the issue to be resolved before the critical shipping month of October.

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Regarding the bankruptcy of Hanjin Trần Thanh Hải deputy head of Import-Export Department of the Ministry of Industry & Trade (MIC) said the ministry has worked with authorised agencies khổng lồ assist Vietnamese exporters after Hanjin Shipping Global stops operations in Viet Nam.

Hai said Hanjin accounted for 5 per cent of logistics market in toàn quốc. Therefore, industries with large volume of export such as garment, footwear, timber or fisheries would be affected by the bankruptcy.

To solve this problem, the Ministry of Industry & Trade announced on its website for those who have sầu to lớn change their shippers. The ministry will work with Ministry of Transport & port authorities to lớn offer inventive for containers influenced by the bankruptcy

Nguyễn Việt Hòa, CEO of Vietphái nam Container Corporation (Viconship) said the impact khổng lồ Viconship was negligible. Hanjin just entered the Viconship’s Green Port for the last 3 khổng lồ 4 months.

Hòa said in the last four months, Hanjin maintained only one ship every week and made a contribution of around 3 per cent and 5 per cent of revenue.

Currently, Hanjin owes a debt of about US$100,000 to Viconship. However, Viconship was holding 500 to lớn 700 containers worth more than $1 million.

Đỗ Văn Minch, General Director of Gemadept JSC said his company did not suffer from the "incident" of Hanjin. At the moment, Gemadept did not work with this container shipping company.

In cả nước, Hanjin is the first container shipping company invested in domestic port market. Hanjin contributed its capital lớn Tân Cảng – Cái Mxay International Terminal Joint Venture. Tân Cảng – Cái Mxay International Terminal is a joint venture by Saigon Newport Company and 3 foreign partners including Hanjin Shipping Line (Korea), MOL (Japan) and Wannhì Line (Taiwan). VNS

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