Indochina Petroleum Transportation Joint Stock Co
UUPCOM:PTT8,600.00
VND
+1,000.00
(+13.16%)
Indochina Petroleum Transportation Joint Stock Co
UPCOM:PTT
(Unlisted Public Company Market)
Recent
price
8,600.00
P/E
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div
yld
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ROIC.AI
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- Business
- Indochina Petroleum Transportation Joint Stock Company is a Vietnam-based maritime logistics and energy transportation enterprise primarily engaged in the coastal and international marine transport of petroleum products, liquefied gases, and bulk commodities. Founded in 2007 and headquartered in Ho Chi Minh City, Vietnam, the company operates across several core business segments, including liquid energy shipping, vessel management, freight forwarding, and maritime technical support services. The company's portfolio of products and services comprises the maritime transportation of crude oil, refined petroleum products, petrochemicals, and liquefied petroleum gas; ocean freight forwarding, multimodal logistics, and port handling services; time chartering, bareboat chartering, and voyage chartering of tankers and dry bulk vessels; technical ship management, vessel maintenance, dry-docking coordination, and maritime safety compliance services; crew recruitment, training, and crewing agency services; and the commercial trading and wholesale distribution of marine fuels, industrial lubricants, and vessel spare parts. Indochina Petroleum Transportation Joint Stock Company serves domestic oil refineries, petrochemical producers, international commodities traders, and industrial energy consumers across Vietnam, Southeast Asia, and broader Asia-Pacific shipping lanes. In recent developments, the company has undertaken strategic fleet renewal and capacity optimization initiatives to replace aging tonnage with more fuel-efficient, IMO-compliant chemical and oil tankers. Additionally, the company has expanded its third-party vessel chartering partnerships and regional shipping routes, deepened technical cooperation within the domestic energy logistics supply chain to secure long-term cargo transport contracts, and strengthened its maritime safety and environmental management systems to support growing cross-border transport requirements.