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Gemadept
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Shipping firms have wind in their sails as rates, demand surge
Many shipping companies are targeting double digit growth this year, mainly based on higher freight rates and recovering demand from the manufacturing sector.
Sumitomo invests in Vietnam port operator
Japan's Sumitomo has invested $37 million in a major port operator to take advantage of Vietnam’s growing logistics demand.
Logistics giant in divestment spree
Gemadept Corporation’s after-tax profit in H1 rose nearly 6.8 times year-on-year to VND1.55 trillion ($68 million), partly owing to stake divestments.
August 7, 2018 | 08:47 pm PT