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[BUSINESS] · Vietnam · 2 sources

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Hai An Transport to invest 121 billion VND in joint venture for ship purchase

Hai An Transport and Stevedoring Joint Stock Company (HAH) has approved a plan to invest an additional 121 billion VND into its joint venture, Hai An Green Shipping Lines. This capital injection is intended to fund the acquisition of a used container ship named Buxmelody, formerly known as Maruba Maxima.

The vessel, which was built in Germany, has a capacity of 2,702 TEUs and includes 500 reefer container plugs. The total investment for the ship is estimated at approximately 755 billion VND (nearly 30 million USD).

Hai An Green Shipping Lines is a joint venture between Viconship (60% ownership) and Hai An (40% ownership), established in August 2025 to focus on coastal and ocean freight transport. Following the planned capital increase in 2026, Hai An's contribution will rise from 793.3 billion VND to 914 billion VND, maintaining its 40% stake.

Entities

Buxmelody · Hai An Green Shipping Lines · Hai An Transport and Stevedoring Joint Stock Company · Viconship