Vietnam’s shipping major, Vietnam Ocean Shipping Joint Stock Company (VOSCO), has approved a ship investment plan and policy in 2024 during a general meeting. The company moves to develop the fleet in many forms such as chartering, building new ships and buying secondhand ships under 15 years old.
The company’s plan includes two secondhand supramax bulk carrier purchases of 56,000-58,000 dwt with a purchase price of less than or equal to $23m per ship, investments of building four ultramax new ships with a 62,000-66,000 dwt at a price of less than or equal to $40m per unit, and investment in building four new MR tankers with a tonnage of about 50,000 dwt at a price of less than or equal to $52m per ship.
The chairman of the board of directors, Hoàng Long, during the general meeting once again affirmed that, with the strength of fleet management and operation, the approval of the investment plan will be an important milestone towards the sustainable development of VOSCO.
It is determined to focus on specialized and modern ships to be able to meet the increasingly strict requirements of business and environmental protection.
The company has determined that ship development is an extremely important and urgent task to be able to maintain transportation capacity and competitiveness in the market.
