ZIM Integrated Shipping Services and Hai Phong-based Hai An Transport and Stevedoring Joint-stock Company (HATS), have announced the launch of Lotus Link, a joint venture to operate domestic shipping services in Vietnam.

The joint venture will serve major Vietnamese ports Ho Chi Minh City, Da Nang and Hai Phong, as well as satellite provinces and their catchment areas, where direct access to domestic and international shipping services is currently limited. The initiative aims to benefit Vietnamese manufacturers, importers, and exporters.

HATS has been actively involved in domestic shipping in Vietnam for over 10 years and is today one of the largest liners in Vietnam. In addition, HATS is engaged in a wide range of marine and logistics related activities including terminal operations, offshore services, shipping agency container depot operations and warehousing.

“We are very pleased to partner with Hai An, a key player in domestic trade in this historic venture. With the rapid expansion of manufacturing activities to satellite provinces, this JV provides ZIM with the operational flexibility to extend its reach and expand the scope of services offered to its customers. We look forward to supporting the development of the industries by providing valuable access to international markets through ZIM’s global coverage,” said Abraham Elias, Country Manager of ZIM Vietnam.

Lotus Link will launch its first service in March, deploying Vietnamese-flagged vessels to service local and international trade. The joint venture plans to expand its presence in Ho Chi Minh City and Da Nang later this year.

Source: Seatrade Maritime News