[Advantage Logistics] Vietnam Maritime Corporation (VIMC) announced on November 25 that it will inaugurate a container shipping route linking Vietnam, Malaysia and India.
According to the company’s representative, the container shipping route is expected to ease pressure on freight transportation, stabilize the supply of transportation services and support domestic companies.
On October 26, the first Vietnamese container ship passed through the Straits of Malacca, transporting goods to Vietnam’s two major import and export markets, Malaysia and India.
The Hai Phong – Klang Port – Calcutta – Klang Port – SP-ITC route will link Ho Chi Minh City and Hai Phong’s ports with the largest gateways of India, saving transport time by over 10 days.
Due to COVID-19 pandemic, Vietnamese exporters and importers incurred higher logistics costs, including container shipping costs on waterway. Delivery time also prolonged, affecting their orders and prestige.
According to media reports, VIMC will continue to invest in specialized high-capacity, modern container vessels next year, seeking opportunities to collaborate with foreign partners and completing its management model nationwide. It will be a container shipping group.
Source: India Seatrade News
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