Thi Nai Port Joint Stock Co

    Thi Nai Port Joint Stock Co

    UUPCOM:TNP
    19,600.00
    VND
    -3,400.00
    (-14.78%)
    Thi Nai Port Joint Stock Co
    UPCOM:TNP
    (Unlisted Public Company Market)

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    19,600.00

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    Thi Nai Port Joint Stock Company is a Vietnam-based maritime logistics and port operations enterprise primarily engaged in the provision of seaport terminal management, cargo stevedoring, and warehousing infrastructure services. The company operates the Thi Nai Port facility in Quy Nhon, functioning as a vital maritime trade gateway connecting south-central Vietnam and the Central Highlands with international shipping routes, Southern Laos, and Northeastern Cambodia. Its core business activities are organized into several specialized divisions: Seaport Cargo Handling and Stevedoring Services, comprising the loading, unloading, tallying, and transshipment of bulk commodities, breakbulk freight, wood chips, agricultural products, minerals, and construction materials; Warehousing, Yard, and Real Estate Leasing, providing open storage yards, covered warehouses, container depot staging, and commercial office rentals; Maritime and Vessel Support Services, delivering vessel towing, tugboat assistance, mooring, fresh water and electricity supply, and marine mechanical maintenance and repair; Port Equipment Rental and Auxiliary Operations, including the lease of multi-axle harbor cranes, excavators, forklifts, bulldozers, and tractor-trailers, alongside electronic weighbridge vehicle weighing services; and Commercial Trading, involving the wholesale merchandising of agricultural commodities, minerals, and building materials. Founded in 1994 as a state-owned enterprise under the Binh Dinh Department of Transport, the company was equitized in 2010, completed full privatization in 2015, and has its shares traded on the UPCoM exchange under the ticker symbol TNP, with Anh Vy Trading Company Limited serving as its principal controlling shareholder. The company is headquartered in Quy Nhon City, Binh Dinh Province, Vietnam. In recent developments, Thi Nai Port Joint Stock Company has executed operational and strategic realignments to optimize its asset portfolio, including the formal termination and balance-sheet write-off of its logistics and seafood processing center investment project along National Highway 19. To strengthen core port throughput capacity, the company has prioritized capital investments in deep-water berth infrastructure and handling machinery, enhancing its capacity to service cargo vessels up to 35,000 DWT, deploying high-capacity shore cranes and grab hoppers, and advancing digitalization across operational planning, gate control, and cargo management workflows.