Shipco enters Vietnam market

Shipco enters Vietnam market Shipco Transport, a non-vessel-operating common carrier based in Hoboken, N.J., has started operations in Ho Chi Minh City, Vietnam.
   “Vietnam is very much an emerging market and in order to fully develop its potential, we felt the need to have our own presence there,” said Klaus Jepsen, group chief executive officer for Shipco.
   “Ho Chi Minh is only our first foray into Vietnam,” he added. “In order to fully tap into this market, we are looking to expand our presence and our ultimate aim is to have multiple offices there.”