Vietnam Ocean Shipping readies for historic fleet expansion

Vietnam Ocean Shipping (VOSCO), Vietnam’s largest state-owned shipping company, is embarking on its largest fleet expansion in its history. The shipping line’s board has approved plans worth more than $400m, which include its first newbuilds in more than a decade.  Overall, VOSCO has earmarked cash for two secondhand supramax bulk carriers, setting aside up to …

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