International Shipping and Labour Cooperation J.S.C

International Shipping and Labour Cooperation J.S.C

UUPCOM:ISG
9,000.00
VND
+200.00
(+2.27%)
International Shipping and Labour Cooperation J.S.C
UPCOM:ISG
(Unlisted Public Company Market)

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9,000.00

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Business
International Shipping and Labour Cooperation J.S.C (UPCOM:ISG), commercially known as INLACO Saigon, is a Vietnam-based maritime logistics and workforce solutions company primarily engaged in international seafarer provisioning, labor export, marine cargo transportation, and maritime agency services. The company organizes its business operations into four core segments: Crew Manning and Labour Cooperation, Ocean Freight and Vessel Chartering, Maritime Agency and Logistics Services, and Commercial Real Estate Leasing. Its comprehensive service portfolio includes: seafarer crewing and workforce export services, comprising the recruitment, professional maritime training, international certification, and placement of ship masters, chief engineers, licensed maritime officers, deck and engine ratings, and technical laborers for ocean-going vessels; ocean freight and shipping services, covering coastal and international dry bulk cargo transportation, voyage chartering, and vessel operation management; maritime agency and logistics support, encompassing port agency representation, vessel husbandry, customs clearance, bunkering facilitation, ship repair supervision, and freight forwarding; and commercial property leasing, which provides office space rental and facility management services at company-owned commercial properties in Ho Chi Minh City. The company caters to international shipowners, fleet management firms, cargo owners, and maritime operators across key geographic markets including Japan, South Korea, Taiwan, Southeast Asia, and Europe, alongside domestic coastal shipping lanes in Vietnam. Founded in 1995 and headquartered in Ho Chi Minh City, Vietnam, the enterprise originally operated within the state-owned maritime network before undergoing equitization. In recent developments, International Shipping and Labour Cooperation J.S.C has expanded its strategic crewing alliances with Japanese and South Korean ship management groups to secure long-term seafarer supply contracts amid rising global maritime labor demand, while upgrading its maritime training curriculum and digital crew-tracking infrastructure to meet revised international maritime safety standards. Furthermore, the company has restructured its vessel chartering arrangements to mitigate regional freight rate volatility, streamlined its port agency service operations to accelerate vessel turnaround times, and enhanced property management operations across its commercial real estate portfolio to bolster recurring non-maritime earnings.