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01 Mar
11:50

Hoa Phat purchases ships, targets container production

Vietnam's leading steel producer, Hoa Phat Group, purchased two Japanese-made ships for the transportation of raw materials in February. Meanwhile, the group plans to start its own container production in 2022, Kallanish notes. Hoa Phat Shipping Joint Stock Company has accepted two large ships with a maximum tonnage of 90,000 tonnes for the transportation of coal, iron ore and other steelmaking raw materials. Hoa Phat's shipping subsidiary can use this to …
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