Rotterdam port and Vinalines ink cooperation pact

The Port of Rotterdam Authority signed a letter of intent with Vietnam's state-run Vinalines for cooperation on the development and exploitation of ports, in particular the Van Phong International Transhipment Hub port in central Vietnam, Seatrade Asia online reports. “The declaration of intent is in line with the policy of the port authority to expand its foreign activities,” the Rotterdam port authority said in a statement.
The port authority added that it has a successful joint venture with Oman's Sohar Industrial Port Company, and it wants to develop similar initiatives with Brazil, China, India and Romania.