Maritime transportation companies, including VOSCO, were severely affected by the COVID-19 pandemic in 2020 and the global economic downturn. The fleet consists of eight dry cargo and bulk cargo ships, three oil tankers and two container vessels. In the challenging background, the securities firm believes that VOSCO faces investment risks in operating their dry cargo and container vessels below cost and waiting for improved freight rates to operate at higher prices. SBS recognises VOSCO as one of Việt Nam’s leading maritime transportation companies, catering to a wide range of domestic and international clients. VOSCO boasts a diverse fleet, comprising dry cargo carriers, oil tankers and container ships, operating seamlessly on both domestic and international routes.
