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First coal batch from US arrives in Vietnam

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By Rosy Huong | Vietnam Times

The first coal shipment was provided by IMI FUELS LLC and carried by MV NORD YILAN vessel which departed from Benicia Port, California.. Photo courtesy of Vinacomin.

Over 21,700 tonnes of coal from the US have arrived at Cua Ong Port, the northern province of Quang Ninh, paving the way for further import amidst the rising demand for the fuel in service of domestic electricity production, according to Vietnam National Coal and Mineral Industries Holding Corporation (Vinacomin).

The first coal shipment was provided by IMI FUELS LLC and carried by MV NORD YILAN vessel which departed from Benicia Port, California. The imported coal will be processed into forms appropriate for domestic use.

Vinacomin General Director Dang Thanh Hai said the arrival of the first batch laid the ground for further cooperation between the two countries in coal and energy.

The second batch is expected to arrive in September, Hai added…Full Story

Shi.E.L.D. sees potential in Vietnam’s booming coal transhipment sector

Shi.E.L.D. Services, the transhipment logistics leader, is seeing growing potential in the Vietnam coal sector as imports rose 108% from January to July this year, when compared to the same period in 2018.

Speaking ahead of the Emerging Asian Coal Markets conference in Ho Chi Minh City, Vietnam, Corrado Cuccurullo, CEO of Shi.E.L.D. said that given the draught restrictions in many of the ports in Vietnam, there will be strong demand for experienced transhipper operators.

“We see great opportunities in Vietnam as manufacturing and industrial economy continues to grow, demand for coal for power stations will continue to increase…Full Story