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NYK invests in Vietnam shipping agency VOSA

NYK invests in Vietnam shipping agency VOSA

   Singapore-based NYK Group South Asia Pte. Ltd., a subsidiary of Japan’s NYK Group, has acquired a 2.75 percent stake in Vietnam’s second-largest shipping agency, Vietnam Ocean Shipping Agency (VOSA).

   VOSA has a number of container freight stations and warehouses at major ports and cities in Vietnam. The company also handles forwarding, international multimodal transport, and cargo measuring and handling.

   The agency has served as NYK’s general agent in Vietnam since 1995.