Phuong Dong Viet Shipping and Logistics Corporation

Phuong Dong Viet Shipping and Logistics Corporation

HHOSE:PDV
8,200.00
VND
-10.00
(-0.12%)
Phuong Dong Viet Shipping and Logistics Corporation
HOSE:PDV
(Ho Chi Minh Stock Exchange)

Recent

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8,200.00

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Business
Phuong Dong Viet Shipping and Logistics Corporation (HOSE: PDV), a member of PetroVietnam Transportation Corporation (PVTrans), is a Vietnam-based maritime transportation and logistics services provider specializing in bulk liquid and dry cargo freight operations. Founded in 2007 and headquartered in Ho Chi Minh City, Vietnam, the company provides marine shipping and support solutions across domestic coastal waters and international routes spanning Southeast Asia, Northeast Asia, the Middle East, and the Asia-Pacific region. The company operates through four principal business segments: Liquid and Bulk Freight Transportation, Vessel Chartering and Technical Management, Maritime Logistics and Port Agency, and Crew Manning Services. Phuong Dong Viet Shipping and Logistics Corporation provides maritime transportation of refined petroleum products, chemical liquids, crude oil, liquefied petroleum gas (LPG), and bulk dry commodities; time charter and voyage charter services for domestic and multinational trading houses and energy conglomerates; commercial vessel management, ship maintenance, technical inspection, safety management, and dry-docking supervision; domestic and international freight forwarding, customs brokerage, cargo handling, and port agency services; and maritime workforce staffing, crew recruitment, certified marine training, and crewing administration. In recent operational and strategic developments, the company has undertaken an aggressive fleet rejuvenation and capital investment program, acquiring modern chemical and product oil tankers to expand carrying capacity and satisfy stringent international maritime environmental standards. Additionally, the company has broadened its deep-sea commercial operations on high-yield international routes, advanced its equity listing transition to the Ho Chi Minh Stock Exchange (HOSE) to optimize institutional capital access and enhance trading liquidity, and increased its equity base through capital restructuring and retained earnings reinvestment to finance ongoing vessel acquisitions in alignment with the long-term fleet expansion strategy of the PVTrans Group.