Maritime transport slides into crisisVietNamNet Bridge - The record low freight for both inland waterways transport and international routes has caused a crisis among shipping firms, big and small, state-owned and privately run. The record low freight for both inland waterways transport and international routes has caused a crisis among shipping firms, big and small, state-owned and privately run. If we leave the ship ashore, the loss would be even higher.”Dat said ship owners were now meeting difficulties also because of the underground fee. “However, we still have to run our ships, despite the loss. According to Trinh Quoc Dat, chair of the Diem Dien Shipping Association in Thai Binh province, the association’s members still maintain 300 ships with tonnage of 2,000-5,000 tons.

Source: VietNamNet News July 20, 2016 03:00 UTC