Haiphong Port Tugboat and Transport Joint Stock Co
UUPCOM:TUG17,800.00
VND
0.00
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Haiphong Port Tugboat and Transport Joint Stock Co
UPCOM:TUG
(Unlisted Public Company Market)
Recent
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17,800.00
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ROIC.AI
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- Business
- Haiphong Port Tugboat and Transport Joint Stock Company is a Vietnam-based maritime logistics and marine support services provider primarily engaged in harbor towage, maritime transportation, and auxiliary port operations. Founded in 2010 following the equitization of the marine transport and stevedoring divisions of Port of Hai Phong, the company is headquartered in Hai Phong, Vietnam, and operates as a key subsidiary of Port of Hai Phong Joint Stock Company under the Vietnam National Shipping Lines framework. The company provides a comprehensive portfolio of maritime and logistics services, including harbor and coastal towage services, offering berthing, unberthing, escort, and towing support for container vessels, bulk carriers, newly constructed vessels, disabled ships, and oversized project cargo; marine and inland transportation services, covering inland waterway barge shipping, coastal freight transit, and road haulage; port logistics and cargo handling solutions, encompassing stevedoring, midstream transshipment, warehousing, cargo forwarding, and heavy-lift handling via floating crane units; marine emergency and salvage operations, delivering vessel rescue, wreck removal, and emergency towing assistance; marine environmental protection services, delivering oil spill containment, response, and cleanup operations through the Hai Phong Port Oil Spill Response Center; and vessel chartering and marine support, offering tugboat rentals, floating equipment leasing, and certified crew management. The company operates a specialized fleet with aggregate engine capacity exceeding 22,000 horsepower, comprising conventional and Azimuth Stern Drive tugboats ranging from 305 CV to 5,000 HP, floating cranes, and dedicated pollution response vessels serving the northern port cluster of Vietnam. In recent operational and strategic developments, the company modernized and expanded its deep-water towage capabilities by constructing, launching, and commercially deploying the 5,000 HP Azimuth Stern Drive harbor tug TUGTRANCO 01, designed specifically to assist ultra-large container vessels at the Lach Huyen international deep-water port. In addition, the company established a strategic operational partnership with Tan Cang Northern Maritime Joint Stock Company to coordinate and optimize harbor towage services across the Lach Huyen port area, while executing fleet modernization and capital allocation initiatives aligned with parent company Port of Hai Phong's ongoing expansion into Lach Huyen Berths 3 and 4.