Domestic Waterway Transportation Mater A Case In Vietnam

Vietnams shipping fleet is in a state of surplus of small-tonnage vessels composite cargo vessels while there is a lack of large-scale vessels running international routes and specialized ships carrying cement chemicals and gas. Liquefied. With such a fleet structure the domestic fleet only accounts for 10-12 of the import and export market of which the combined dry bulk market share accounts for 12 containerized cargo accounts for 8. liquid cargo accounts for 8. The export market of the Vietnamese fleet is mainly China Southeast Asia Asia some ships have exported to Eastern Europe but in very small quantity. Some Vietnamese ship owners have large vessels such as Container Vinalines Company East Sea Transportation Company Gemadept Corporation Vietnam Shipping Joint Stock Company have ship to Europe and North America. Most of the dry bulk carriers mainly containerized feeder feeder ships are used in Singapore and Hong Kong while other major markets such as the Americas are owned by foreign shipping lines. The reason for the low market share of Vietnamese shipping is primarily due to subjective factors such as improper fleet structure The technical condition is weak the ship is detained many times abroad The organization of management of service delivery of Vietnamese enterprises is weak lack of linkage between ships cargo owners trade and insurance Difficult financial resources Weak and lack of human resources The habit of buying CIF selling FOB lost the opportunity to rent a means. In addition due to some objective reasons such as the global financial crisis Oil prices fuel prices are unstable and continuously rising The mechanism of government policy is lacking and incomplete.