Home breadcru News breadcru Logistics breadcru French, Vietnamese firms launch joint venture providing barge services

French, Vietnamese firms launch joint venture providing barge services

21 Apr '22
1 min read
Pic: Shutterstock
Pic: Shutterstock

Vietnam’s International Transportation and Trading Joint Stock Company (ITC) and France’s CMA CGM Group recently launched a joint venture company to offer barge services in Vietnam. General International Logistics (GIL) will provide three shipments every week between SP-ITC port and Cai Mep port in the southern province of Ba Ria-Vung Tau.

The barge services will help connect Vietnam's exporters with key markets in North America and Europe through SP-ITC and Cai Mep ports, according to a news agency.

ITC owns a fleet with a combined capacity of over 300,000 deadweight tonnage (DWT), and operates SP-ITC international port, the only container port in Vietnam that can serve shipping services to Australia, the United States and the Middle East. ITC is also a provider of barge transport services with a large capacity in the region.

ALCHEMPro News Desk (DS)

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